On June 18, the
China Iron and Steel Association (CISA) announced that in early June (June 1-10) this year the average aggregate daily
crude steel output of large and medium-sized steel enterprises in
China - all CISA members - totaled 1.8326 million mt, up 3.69 percent compared to late May (May 21-31).
According to the CISA's previous figures, in late May the average aggregate daily
crude steel output of large and medium-sized steel enterprises in
China had amounted to 1.7673 million mt, down 1.85 percent from mid-May (May 11-20).
Meanwhile, as of June 10, 2014, overall inventory of the main finished steel products in the major steel markets in
China totaled 14.849 million mt, up 7.20 percent as compared to the figure recorded on May 31.