Saturday, May 14, 2016

UPDATE 1-China April crude steel output +0.5 pct on yr - stats bureau

BEIJING, May 14 (Reuters) - China produced 69.42 million

tonnes of crude steel in April, up 0.5 percent on the year, the

statistics bureau said on Saturday, with mills defying a sector

slowdown in order to take advantage of higher profit margins.

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