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Production Quatity for Crude Steel Has Been Reduced in July
The output for crude steel is kept in lower level in July, which leads to reduction of steel price. 

Data shows crude steel's production quantity in July is about 65.84 million tons, which is less by about 4.5% comparing with same time in 2014. Meanwhile, the steel's output was down by about 1.8% comparing with same time in last year.

In total for Jan to Jul, the crude steel's output is less than same period in 2014 by about 1.8% while steel production is more by about 1.5%.

TJC Iron& Steel(Group) Co.,Ltd