Reportedly, global steel output in this November had the worst performance within 4 months.
The steel output in November totaled at 127 million tons, an increase of 3.6% compare to the same month in previous year, which is the weakest increase in the last 4 months.
The world’s biggest steel producer country China registered an increase of 4.2%, year-on-year, but the increase rate in this August was 12.8%.
Analysts said the slowdown increase rate reflects global weak demand toward steel finished products. But there are exceptions: USA’s construction sector and Japan’s industrial manufacturing sector were at good path.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67913&division=A2
