China’s Steel Crisis Sends August Output to Lowest Since 2017

Bloomberg News

China’s Steel Crisis Sends August Output to Lowest Since 2017
Crude SteelChinaSteel Sector
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(Bloomberg) -- China’s steel production fell by more than 10% from a year earlier in August as the industry reeled from low prices and a damaging slump in...

-- China ’s steel production fell by more than 10% from a year earlier in August as the industry reeled from low prices and a damaging slump in demand.The Hague Is World’s First City to Ban Oil and Air Travel Ads

China’s steel demand is falling after more than two decades of growth powered by the nation’s rapid industrialization and urbanization. This year, and especially this summer, a continued slump in construction activity has worsened the situation. Crude throughput, a gauge to show productivity in the world’s biggest oil refining market, fell 6.2% year-on-year to 59.07 million tons in August.EV Leases Go as Low as $20 a Month to Help Dealers Clear Their LotsFunerals to be held for teen boy and math teacher killed in Georgia high school shooting

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