On October 28, the China Iron and Steel Association (CISA) announced that in mid-October (October 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 1.763 million mt, down 2.3 percent compared to early October (October 1-10).
According to the CISA's previous figures, in early October this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had amounted to 1.80 million mt, up 0.8 percent from late September (September 21-30).
Meanwhile, as of October 20, overall inventory of the main finished steel products in the major steel markets in China totaled 15.656 million mt, down 0.2 percent as compared to the figure recorded on October 10.