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CISA mills’ daily steel output up 1.0% in late October, stocks down

Thursday, 07 November 2024 09:36:32 (GMT+3)   |   Shanghai

The China Iron and Steel Association (CISA) has announced that in mid-October (October 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 2.093 million mt, up 1.0 percent compared to mid-October (October 11-20) this year.

In mid-October, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had totaled 2.072 million mt, up 1.1 percent compared to early October (October 1-10) this year.

Inventory levels of the large and medium-sized steel enterprises in China decreased in the given period. As of October 31, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 13.64 million mt, decreasing by 11.8 percent compared to October 20.


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