China's crude steel and finished steel output both increased on a year-on-year basis in May amid strong demand and healthy profit margins.
The country produced 89.09 million tonnes of crude steel last month, up 10% compared with May 2018, according to data released by National Bureau of Statistics on Friday June 14. That number is 5% higher than April's 85.03 million tonnes. Finished steel output totaled 107.40 million tonnes...