Chart of the day | In a pickle
Chart of the day | In a pickle
Steel production is decelerating globally, with output in October rising by 6.2% year-on-year; its lowest growth rate since June, but higher than 2011’s low of 4.2% in May. Europe’s economic problems have affected demand, and China’s slower growth has seen steel output fall sequentially since August. India’s steel output, too, has been relatively flat during this period.
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