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China's steel output seen shrinking this year

Production will fall to 814m tonnes in 2015 from 823 tonnes last year: industry body

Fri, Mar 13, 2015 - 5:50 AM

STEEL production in China will shrink this year as consumption has peaked and more mills in the world's largest maker of the alloy are shut down, according to the China & Iron Steel Association.

PHOTO: REUTERS

Singapore

STEEL production in China will shrink this year as consumption has peaked and more mills in the world's largest maker of the alloy are shut down, according to the China & Iron Steel Association.

Output will contract to an estimated 814 million tonnes in 2015 from 823...

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