According to data from the World Steel Association (WSA), crude steel production reached 136.5 million tonnes (Mt) in January 2017, marking a 7% increase compared to January 2016. China’s crude steel production for January 2017 increased by 7.4% to 67.2 Mt. While some European countries saw an increase in production, many experts are adamant that cheap steel imports from China are hugely detrimental to Europe’s suppliers.
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