| Global crude steel output rose at its second-fastest level this year in April, responding to an uptick in demand in Europe and the Middle East, though higher output in China added to oversupply and kept prices depressed.
Output of the alloy rose by an annual 1.7 percent globally in the month to 137 million tonnes, with production in China rising 2.1 percent to 68.8 million tonnes, data from steel producers association Worldsteel showed.............................................Full Article: Source
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