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NBS: China's crude steel output down by 10.3% YoY in Jan-Apr

In the first four months of 2022, China's crude steel output was 340 million tons, down by 10.3% YoY, according to the National Bureau of Statistics. In April, the crude steel output in China was 92.78 million tons, down by 5.2% YoY while up by 5.1% MoM.