China Average Daily Crude Steel Output Falls 2.18 Per cent in July

SHANGHAI, Aug. 18 (SMM) – In July, China produced 74.02 million tonnes of crude steel, up 10.27 per cent YoY, and its average daily output was 2.39 million tonnes over the month, down 2.18 per cent on a monthly basis. YTD output totaled 491.55 million tonnes, up 5.14 per cent on a yearly basis, with average daily output at 2.32 million tonnes. 

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Output of crude steel at major steel mills tracked by China’s Iron&Steel Association was 57.23 million tonnes in July, up 10.31 per cent YoY, and its average daily output was 1.85 million tonnes, down 1.46 per cent on a monthly basis. YTD output was 380.49 million tonnes, up 7.46 per cent on a yearly basis, with average daily output at 1.79 million tonnes.  

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