China's finished steel output grew by 10.4% year-on-year in November as mills raised production in response to steel price gains, according to the National Bureau of Statistics.
Finished steel production reached 104 million tonnes during the month, which was also up 1.34% from October.Hot-rolled coil prices in eastern China were 3,700-3,720 yuan ($530-533) per tonne on Friday November 29, up...