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Briefly:Daily crude steel output down

* : China Daily Global | Updated: 2021-08-18 00:00 * : allpower88 * : 2021-08-20 * : 0
China's major steel mills saw their average daily output of crude steel skid 4.4 percent year-on-year to about 2.04 million tons in early August, according to the China Iron and Steel Association. The country reported the first year-on-year contraction in crude steel output in late July since the start of 2021, eyeing a 3.03-percent decrease. As part of the green shift by its energy-consuming steel industry, China has vowed to ensure that its crude steel output falls in 2021 from a year earlier. In 2020, the crude steel output rose by 5.2 percent year-on-year to exceed 1.05 billion tons, according to the association.