The China Iron and Steel Association (CISA) has announced that in mid-December (December 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 1.977 million mt, down 2.3 percent compared to early December (December 1-10) this year.
In early December, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had totaled 2.024 million mt, down 3.2 percent compared to late November (November 21-30) this year.
Inventory levels of the large and medium-sized steel enterprises in China increased in the given period. As of December 20, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 14.64 million mt, increasing by 3.2 percent compared to December 10.