Daily crude steel output at CISA member mills drops 3.56% in late-Mar

SHANGHAI, Apr 10 (SMM) – Daily output of crude steel across China Iron and Steel Association (CISA) member mills averaged 1.83 million mt during March 21-31, down 3.56%, or 67,700 mt, from March 11-20, according to data released on Wednesday April 10.

Inventories of steel products across CISA member mills decreased 16.06%, or 2.22 million mt, from March 20 and came in at 11.63 million mt as of March 31.