On March 28, the
China Iron and Steel Association (CISA) announced that in mid-March (Mar. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in
China totaled 1.6917 million mt, up 1.88 percent compared to early March (Mar.1-10). Meanwhile, the average aggregate daily crude steel
production of all steelmakers in
China in mid-March was estimated at 2.096 million mt, indicating a slight decrease of 0.44 percent compared to early March.
According to the CISA's previous figures, in early March this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in
China had amounted to 1.6606 million mt, down 7.96 percent from late February (Feb. 21-28). In early March, the average aggregate daily crude steel
production of all steelmakers in
China was estimated 2.0968 million mt, indicating an increase of 0.7 percent compared with late February.
Meanwhile, as of March 20, 2014, overall inventory of the main finished steel products in the major steel markets in
China totaled 17.0388 million mt, up 2.26 percent as compared to the figure recorded on March 10.