Daily crude steel output at CISA member mills extends decline in late-Oct

The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.32 million mt per day in the second ten days of April, up 2.21% from early April and up 19.1% from the same period a year ago.

Primary lead output in China expanded significantly last month, as some large smelters recovered from maintenance and small and medium-sized smelters reopened after the spread of the coronavirus in the country came under control. China’s output of primary lead increased 11.94% from February to 240,000 mt in March, to produce a year-over-year decline of 7.03%. Output in the first three months of 2020 was 6.13% lower than the same period the year before.

Production of crude steel in Apr grew 12.7% from a year ago to stand at 85.03 million mt

Inventories of steel products across CISA member mills decreased by 8.8% from Apr 20, to 11.7 million mt as of Apr 30

Domestic output of pig iron and steel products in Q1 advanced 9.3% and 10.8% on the year, respectively

Daily output averaged 2.006 million mt during Apr 11-20, up 2.59% from Apr 1-10

Inventories of steel products across CISA member mills decreased 16.06%, or 2.22 million mt, from Mar 20

Daily output of crude steel across China Iron and Steel Association member mills averaged 1.92 million mt during Feb 1-10

Daily output averaged 1.82 million mt during Jan 21-31, up 0.55%, or 10,000 mt, from Jan 11-20

Average daily output of crude steel across CISA member mills during Dec 21-31 declined 3.02% from Dec 11-20