皇冠体育app

Economy

皇冠体育app steel output to remain sluggish in Q4

(Agencies)
Updated: 2010-10-19 17:09

皇冠体育app's crude steel output in the remaining months of 2010 is likely to remain relatively sluggish, with construction activity in northern regions starting to slow, Reuters reported on Tuesday, citing the country's steel industry association.

Related readings:  Steel price to rise  皇冠体育app steel output up on production restart: CISA    CISA moves to trim ore imports

The 皇冠体育app Iron and Steel Association, in its regular monthly market report, also said that raw material prices -- including iron ore and coking coal -- were also on the rise in the fourth quarter of the year.

It added that there was little chance of a big revival in Chinese steel exports, blaming protectionism and the rising yuan.