Capesize May 21 Morning Technical Comment – 240 Min 01/04/21

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Steel & Scrap Morning Report 20/1/21

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China April Crude Steel Output Rose 0.2% Y/y to 85.03m Tons

China’s statistics bureau releases industrial output data. Crude steel output in April rose 0.2% y/y to 85.03m tons Crude steel output in Jan.-April rose 1.3% y/y to 319.46m tons Steel products output in April rose 3.6% y/y to 107.01m tons Steel products output in Jan.-April fell 0.2% y/y to 374.39m tons Primary aluminum output in April rose 1.5% y/y to …