Steel output in China sinks to lowest level in six months


Output falls: A file picture shows workers walking in a warehouse in the Han-steel plant in China. Chinese steel output fell to 71.83 million tonnes in September from 74.59 million tonnes the month before. — AFP

SINGAPORE: Steel output in China sank from a record, sliding to the lowest level in at least six months, as the anti-pollution drive touted in President Xi Jinping’s landmark policy address this week began to make its mark.

Output fell to 71.83 million tonnes in September from 74.59 million tonnes the month before, according to the statistics bureau yesterday, a day after Xi’s speech to the Communist Party congress reaffirmed his commitment to rolling back environmental abuse. Over nine months, production was still higher than in 2016, rising 6.3% to 639 million tonnes, the figures showed.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , steel

Next In Business News

Bursa Malaysia-Teraju team up to boost Bumiputera IPO participation
Dayang records higher 4Q net profit
Dialog continues positive turnaround
Heineken Malaysia delivers steady FY25 earnings
Toll highway segment drives Taliworks’ 4Q revenue
CPO futures likely to trade between RM3,800-RM4,000 per tonne until July 2026
Carlsberg Malaysia posts record net profit of RM376mil in FY25
Perdana Petroleum posts lower net profit of RM56.09mil in FY25
Pos Malaysia welcomes MyCC review, flags competition concerns
INSKEN leverages AI to empower entrepreneurs in high-value sectors

Others Also Read