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 2.125 million mt, down 1.9 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 totaled 2.166 million mt, up 1.6 percent compared to early March (March 1-10) this year.
Inventory levels of the large and medium-sized steel enterprises in China decreased in the given period. As of March 31, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 15.23 million mt, decreasing by 9.9 percent compared to March 20.