The China Iron and Steel Association (CISA) has announced that in early June (June 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 2.2483 million mt, up 3.3 percent compared to late May (May 21-31) this year.
In late May, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had totaled 2.1764 million mt, down 1.49 percent compared to mid-May (May 11-20) this year.
Inventory levels of the large and medium-sized steel enterprises in China increased. As of June 10, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 16.0862 million mt, increasing by 1.5194 million mt or 10.43 percent compared to May 31.