On December 6, Chongqing-based Chinese steelmaker Chongqing Iron and Steel Co. announced that its output of finished steel products in November this year amounted to 261,700 mt, decreasing by 105,800 mt or 28.79 percent compared with 367,500 mt recorded in November 2011.
In addition, in the January-November period of the current year Chongqing Steel’s finished steel product output totaled 4.2655 million mt, declining by 13.28 percent year on year.