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[Ferro-Alloys.com] In early May, key steel mills produced 20.5169 million tons of crude steel, 18.4871 million tons of pig iron, 19.1314 million tons of steel products and 3.2152 million tons of coke. And average daily output of crude steel was 2051.7 thousand tons, up 1.97% from last ten days and up 0.28 YoY; average daily output of pig iron was 1848.7 thousand tons, up 0.58% than last ten days and up 1.34% YoY; and average daily output of steel products was 1913.1 thousand tons, up 6.31% from last ten days and up 0.95% YoY.
China's producer prices continued to fall in April as the novel coronavirus outbreak and a persistent slump in global commodities prices combined to drive deflationary pressure, official data showed Tuesday.
The producer price index (PPI), which measures costs for goods at the factory gate, fell 3.1 percent year-on-year in April, according to the National Bureau of Statistics.
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