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Steel output in China shrinks in first half as demand stumbles

Thursday, July 16, 2015 - 05:50

Beijing

THE world's biggest steelmaker is in a funk.

Crude-steel production in China shrank 1.3 per cent to 410 million tonnes in the first half compared with the same period of 2014, according to the National Bureau of Statistics on Wednesday. June's output fell 0.8 per cent from