China's crude steel output dip in mid-May with mill margins subdued by poor demand

Crude steel output by members of the China Iron & Steel Association (CISA) dropped in mid-May, with mill margins subdued by continued weakness in downstream demand, sources told Fastmarkets.

Crude steel output across CISA member mills decreased by 0.24% to 2.25 million tonnes on a daily average basis during the second 10-day block in May compared with the first...