China commodities output weak in first two months of 2016
Power generation, implied oil demand up a tad; natural gas output rises 5.7%
Mon, Mar 14, 2016 - 5:50 AM
China accounts for nearly half of global steel production but domestic mills are under heavy pressure to cut output as a result of declining demand.
CHINA'S output of key industrial commodities including coal and steel continued to shrink in the first two months of the year amid chronic oversupply, while crude oil production slipped as a global price slump took its toll.