Chinese Crude Steel Output Down, Finished Up
- Chinese production of crude steel fell 1.1 percent between July 2018 and August 2018 but increased 2.7 percent between August 2017 and August 2018. Finished steel output climbed 0.7 percent for the month and 6.4 percent year-over-year.
- Industrial production in China increased 6.1 percent between August 2017 and August 2018 while output in the Eurozone fell 0.8 percent in July.
- Retail sales in China expanded nine percent in August, but auto sales fell 4.6 percent between August 2017 and August 2018.