China’s daily crude steel output in September fell to the lowest since December 2018, according to Reuters calculations based on official data, as a power crunch in much of the country and environmental curbs slowed down factory activity.
The world’s top steel producer churned out 73.75 million tonnes of the metal last month, compared with August output of 83.24 million tonnes data from the National Bureau of Statistics showed on Monday. That is down 21.2% from same month a year earlier.