On June 9, the
China Iron and Steel Association (CISA) announced that in late May (May 21-31) this year the average aggregate daily
crude steel output of large and medium-sized steel enterprises in
China - all CISA members - totaled 1.7673 million mt, down 1.85 percent compared to mid-May (May 11-20).
According to the CISA's previous figures, in mid-May this year the average aggregate daily
crude steel output of large and medium-sized steel enterprises in
China had amounted to 1.801 million mt, down 1.3 percent from early May (May 1-10).
Meanwhile, as of May 31, 2014, overall inventory of the main finished steel products in the major steel markets in
China totaled 13.852 million mt, down 7.64 percent as compared to the figure recorded on May 20.