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Steel output may hit year-high in May


Post Date: 04 Jun 2009    Viewed: 809

Statistics showed the CISA-members produced 11.47 million tons of crude steel in the second ten days of May, bringing the total output across the country to 14.78 million tons. Rebar and wire rod are the biggest winners thanks to the decreased stocks and the spike in fixed assets investment. Experts say crude steel output may hit a monthly high of this year in May.


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