The China Iron and Steel Association (CISA) has announced that in mid-February (February 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 2.029 million mt, up 4.3 percent compared to early February (February 1-10) this year.
In early February, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had amounted to 1.946 million mt, up 0.6 percent compared to late January (January 21-31) this year.
Inventory levels of the large and medium-sized steel enterprises in China increased significantly in the given period. As of February 20, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 18.12 million mt, increasing by 19.9 percent compared to February 10.