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

SHANGHAI, Nov 12 (SMM) – Average daily output of crude steel across China Iron and Steel Association (CISA) member mills during October 21-31 dipped 2.33% from October 11-20 to stand at 1.91 million mt, the lowest since the start of September. 

As of October 31, inventories of steel products across CISA member mills also fell 5.33% from October 20 and came in at 12.22 million mt.