NBS: China's Jan-July crude steel output eases 3.1% on year

China's total crude steel output declined during the first seven months of this year, with the tonnage down 3.1% on year at 577.04 million tonnes, according to the latest release from the National Bureau of Statistics (NBS) on Monday afternoon.

The pace of decline increased slightly compared with the dip of 3% for the first half year, mainly due to the fall in crude steel output in July, Mysteel Global noted. For July alone, China produced 76.93 million tonnes of crude steel, slipping by 3.6% from the same month last