The China Iron and Steel Association (CISA) has announced that in late December (December 21-31) last year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 1.872 million mt, down 5.3 percent compared to mid-December (December 11-20) last year.
In mid-December, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had totaled 1.977 million mt, down 2.3 percent compared to early December (December 1-10) last year.
Inventory levels of the large and medium-sized steel enterprises in China decreased in the given period. As of December 31, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 12.37 million mt, decreasing by 15.5 percent compared to December 20.