Announcement

Monday, July 6, 2009

Baosteel May steel output down by 13pct - Industry ministry

Bloomberg quoted the China’s ministry of industry and information technology as saying that Baosteel Group Corp produced 13% less crude steel in May from a year ago.

The ministry said in a statement that Shanghai-based Baosteel cut output to 3.13 million tonnes from 3.58 million tons

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