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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
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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