On March 2, the China Iron and Steel Association (CISA) announced that in mid-February (February 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 1.6376 million mt, up 0.60 percent compared to early February (February 1-10).
According to the CISA's previous figures, in early February this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had amounted to 1.6280 million mt, down 3.57 percent from late January (January 21-31).
Meanwhile, as of February 20, overall inventory of the main finished steel products in the major steel markets in China totaled 16.4667 million mt, up 10.4 percent as compared to the figure recorded on February 10.