As the world’s second largest economy recovers from the coronavirus pandemic, its steel sector reached record high output last month, according to fresh industry data.
China produced 93.36 million tons of crude steel in July, or 3.05 million tons a day, which is over nine percent more than it did over the same period last year, Chinese media reported on Monday citing the China Iron and Steel Association (CISA). The figures coincide with data from the National Bureau of Statistics (NBS), released earlier this month.
Continue reading https://on.rt.com/aox6