The China Iron and Steel Association (CISA) has announced that in late March (March 21-31) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 1.992 million mt, down 1.7 percent compared to mid-March (March 11-20) this year.
In mid-March, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had amounted to 2.027 million mt, up 0.8 percent compared to early March (March 1-10).
Inventory levels of the large and medium-sized steel enterprises in China increased in the given period. As of March 31, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 16.55 million mt, decreasing by 7.6 percent compared to March 20.