On August 27, the China Iron and Steel Association (CISA) announced that in mid-August (August 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 1.8295 million mt, up 0.53 percent compared to early August (August 1-10).
According to the CISA's previous figures, in early August this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had amounted to 1.8199 million mt, up 3.59 percent from late July (July 21-31).
Meanwhile, as of August 20, 2014, overall inventory of the main finished steel products in the major steel markets in China totaled 15.2510 million mt, up 4.68 percent as compared to the figure recorded on August 10.