China’s Steel In­dus­try Made Record Sup­ply

The Economic Times - - Commodities Plus -

The world’s big­gest steel pro­ducer pushed out­put to a record in March as mills in China fired up plants to take ad­van­tage of a price surge since the start of the year that’s res­cued profit mar­gins. Out­put rose 2.9% to 70.65 mil­lion tonnes from a year ear­lier, the Na­tional Bureau of Statis­tics said. That’s the high­est ever, ac­cord­ing to data from Bei­jing An­taike De­vel­op­ment .

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