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China aims to further reduce steel output

Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner That’s good news for some of China’s neighbors steel-producing rivals, India and Japan. Stop obsessing about the actual forecasted steel price. It’s more important to spot the trend.  Steel cuts fanjianhua/Adobe Stock The China Iron and Steel Association (CISA) warned on its Wechat channel last Sunday of impending cuts in crude steel output along with government-led environmental checks. Daily crude-steel output at major mills fell 5.6% in the first 10 days of July from June, Bloomberg reported. These were at steel plants in Shanxi, Hubei and Hebei provinces, and mills including

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