The China Iron and Steel Association (CISA) has announced that in early December (December 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 2.024 million mt, down 3.2 percent compared to late November (November 21-30) this year.
In late November, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had totaled 2.091 million mt, up 0.5 percent compared to mid- November (November 11-20) this year.
Inventory levels of the large and medium-sized steel enterprises in China increased in the given period. As of December 10, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 14.18 million mt, increasing by 7.8 percent compared to November 30.