China's crude steel output rose to a new high in 2018 on healthy profit margins among mills and growth in downstream demand.
The world's second-largest economy produced a total of 928.26 million tonnes of crude steel last year, the National Bureau of Statistics (NBS) said on Monday January 21. The bureau said this is up 6.6% from that in 2017.Chinese mills produced 1.11 billion tonnes of finished steel in 2018, up 8.5%...