The world’s largest producer saw output increase by just 1% to 68.9mt, according to the World Steel Association (WSA).

World crude steel production for the 65 countries reporting to the WSA was 135mt in August, a year-on-year increase of just 1.4%.

Elsewhere in Asia, India and South Korea saw positive growth with output up 5.2% and 8% to 7mt and 5.3mt respectively.

However,