The China Iron and Steel Association (CISA) has announced that in early August (August 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 2.1527 million mt, up 0.8 percent compared to late July (July 21-31) this year.
In late July this year, the average aggregate daily crude steel output of the large and medium-sized steel enterprises in China totaled 2.1356 million mt, down 4.99 percent compared to mid-July (July 11-20).
Inventory levels of the large and medium-sized steel enterprises in China increased in the given period. As of August 10, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 16.0517 million mt, increasing by 10.8 percent compared to July 31.