The China Iron and Steel Association (CISA) has announced that in early September (September 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 2.1588 million mt, up 5.53 percent compared to late August (August 21-31) this year.
In late August this year, the average aggregate daily crude steel output of the large and medium-sized steel enterprises in China had totaled 2.0456 million mt, down 7.65 percent compared to mid-August (August 11-20) this year.
Inventory levels of the large and medium-sized steel enterprises in China increased in the given period. As of September 10, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 15.8033 million mt, increasing by 7.33 percent compared to August 31.