Global Economic Analysis and News of Note: Chinese Steel And Aluminum Output Rise In First Seven Months Of 2017
- According to American Metal Market (subscription required), crude steel output in China increased by 10 percent from July 2016 to July 2017. Production for the first seven months was up 5.1 percent over the same period in 2016. Finished steel output increased 2.7 percent from July 2016 to July 2017.
- AMM also reported that aluminum output in China fell 7.2 percent from June 2017 to July 2017 and 0.3 percent from July 2016 to July 2017. Output for the first seven months of 2017, however, was up 7.5 percent from the same period the year before.