CISA mills’ daily steel output down 2.81% in mid-June, inventory up 2.11%

Wednesday, 26 June 2024 09:50:24 (GMT+3)   |   Shanghai
       

The China Iron and Steel Association (CISA) has announced that in mid-June (June 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 2.1851 million mt, down 2.81 percent compared to early June (June 1-10) this year.

In early June, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had totaled 2.2483 million mt, up 3.3 percent compared to late May (May 21-31) this year.

Inventory levels of the large and medium-sized steel enterprises in China increased. As of June 20, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 16.4258 million mt, increasing by 339,500 mt or 2.11 percent compared to June 10.    

$1 = RMB 7.1248


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