China Steel Output Falls
China's crude steel production rose to 66.9 Mt in August from July's five-month low of 65.8 Mt. However, the August total was down by 3.5% year-on-year, according to official data. Output for January-August fell by 2.0% on the same period in 2014 at 543.0 Mt. Apparent steel demand fell 7% from the same month last year in August.