The China Iron and Steel Association (CISA) has announced that in late January (January 21-31) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 1.935 million mt, down 2.2 percent compared to mid-January (January 11-20) this year.
In mid-January, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had amounted to 1.979 million mt, down 0.9 percent compared to early January (January 1-10) this year.
Inventory levels of the large and medium-sized steel enterprises in China decreased in the given period. As of January 31, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 14.71 million mt, decreasing by 8.8 percent compared to January 20.