The China Iron and Steel Association (CISA) has announced that in late October (October 21-31) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 1.817 million mt, down 9.8 percent compared to mid-October (October 11-20) this year.
In mid-October, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had totaled 2.014 million mt, down 0.9 percent compared to early October (October 1-10) this year.
Inventory levels of the large and medium-sized steel enterprises in China decreased in the given period. As of October 31, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 14.63 million mt, decreasing by 11.8 percent compared to October 20.