China hits record in April steel output

Dhaka,  Wed,  23 August 2017
Published : 15 May 2017, 10:15:35
printer

China April steel output up 4.9 per cent, hits record: stats bureau

Reuters
China's steel output rose 4.9 per cent in April to a record 72.78 million tonnes, data showed on Monday, as mills in the world's top producer churn out more metal to profit from rising prices, even as Beijing aims to curb excess capacity.

April's total surpassed March's monthly record of 72 million tonnes, stocking worries of a growing glut as demand remains flat.

In the first four months, production totalled 273.9 million tonnes, up 4.6 per cent from the same period a year earlier, the data showed. 

 
ADDRESS
Editor : A.H.M Moazzem Hossain
Published by the Editor for International Publications Limited from Tropicana Tower (4th floor), 45, Topkhana Road, GPO Box : 2526 Dhaka- 1000 and printed by him from City Publishing House Ltd., 1 RK Mission Road, Dhaka-1000.
Telephone : PABX : 9553550 (Hunting), 9513814, 7172017 and 7172012 Fax : 880-2-9567049
Email : editor@thefinancialexpress-bd.com, fexpress68@gmail.com
Copyright © 2017. All rights reserved
Powered by : orangebdlogo
close