The China Iron and Steel Association (CISA) has announced that in early January this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 2.0192 million mt, up 21.19 percent compared to late December (December 21-31) last year.
In late December last year, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.6661 million mt, down 13.63 percent compared to mid-December (December 11-20) this year.
Inventory levels of the large and medium-sized steel enterprises in China increased in the given period. As of January 10, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 14.3945 million mt, increasing by 2.035 million mt or up 16.47 percent compared to December 31.
