The China Iron and Steel Association (CISA) has 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 2.014 million mt, down 0.9 percent compared to early October (October 1-10) this year.
In early October, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had totaled 2.032 million mt, up 7.5 percent compared to late September (September 21-30) this year.
Inventory levels of the large and medium-sized steel enterprises in China increased in the given period. As of October 20, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 16.58 million mt, increasing by 4.4 percent compared to October 10.