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According to a CISA report, daily average crude steel output at its member enterprises in late March was 1.68 million mt, up 0.49% from ten days ago. Domestic daily average output is estimated to be 2.07 million mt, slightly lower than the record high of 2.08 million mt expected in the first 10 days of March. Domestic daily average crude steel output in late March fell, but the average output at CISA member enterprises grew by 8,200 mt from mid-March. An analyst believes that is because orders at medium-to-large steel plants were brisk, with relatively high profits. He said: “Orders at medium-to-large steel plants such as Baosteel are optimistic, and their orders in April will also be high, so they are actively producing.”
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