The China Iron and Steel Association (CISA) has announced that in early-October(Oct. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.7641 million mt, down 1.34 percent compared to late-September (Sept. 21-30). Meanwhile, the average aggregate daily crude steel production of all steelmakers in China in early-October was estimated at 2.1281 million mt, indicating a decline of 1.11 percent compared with late-September.
Meanwhile, as of October 10 this year, inventory of the main finished steel products in the major steel markets in China totaled 13.502 million mt, up 889,100 mt as compared to the figure recorded on September 30.
According to the CISA's previous figures, in late-September this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had amounted to 1.788 million mt, up 0.5 percent compared to mid-September (September 11-20). In late-September, the average aggregate daily crude steel production of all steelmakers in China was estimated at 2.152 million mt, indicating an increase of 0.4 percent compared with mid-September.