SHANGHAI, Jul 4 (SMM) – Average daily output of crude steel at member mills of the China Iron and Steel Association (CISA) during June 11-20 stood at 1.99 million mt, up 10,500 mt or 0.53% from the level during June 1-10, according to data from CISA.
Based on this calculation, the average daily output across China came in at 2.53 million mt for the same period.
As of June 20, steel inventories across CISA member companies stood at 11.44 million mt, down 796,000 mt or 6.5% from the level on June 10.
