The China Iron and Steel Association (CISA) has announced that in mid-August (August 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 1.9934 million mt, down 0.5 percent compared to early August (August 1-10) this year.
In early August, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had totaled 2.0034 million mt, up 1.52 percent compared to late July (July 21-31) this year.
Inventory levels of the large and medium-sized steel enterprises in China decreased. As of August 20, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 16.4539 million mt, increasing by 553,400 mt or 3.48 percent compared to August 10.
