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China’s daily crude steel output down 4.4 pct in early August

China’s major steel mills saw their average daily output of crude steel skid 4.4 percent year on year to about 2.04 million tonnes in early August, according to the China Iron and Steel Association.

The country reported the first year-on-year contraction in crude steel output in late July since the start of 2021, eyeing a 3.03-percent decrease.

As part of the green shift by its energy-consuming steel industry, China has vowed to ensure that its crude steel output falls in 2021 from a year earlier.

In 2020, the crude steel output rose by 5.2 percent year on year to exceed 1.05 billion tonnes, according to the association.

 

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Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

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AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

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