According to the statistics issued by China Iron and Steel Association (CISA), in late October (Oct 21-31), the average daily crude steel output of CISA member steel enterprises amounted to 1.51 million mt, down 3.55 percent from the mid-October (Oct 11-20). In the given period, the average daily crude steel output of all the steelmakers in China totaled 1.72 million mt, decreasing by 4.6 percent compared to the mid-October.
In October, China's daily output of crude steel stood at 1.79 million mt, declining by 5.48 percent as compared to 1.89 million mt in September.