According to Bloomberg, rebounding steel prices have been too tempting for steel producers, who have restarted mills that otherwise would have been shut down. And as a result, China’s steel production, through the first eight months of the year, is down a mere 0.1 percent from the same period in 2015.

And, Bloomberg said, the country is on pace to achieve a near-record in terms of average monthly output.

Bloomberg has more on the story here.