Daily crude steel output at CISA key mills dip 0.65% in early-Jul

SHANGHAI, Aug 6 (SMM) – Daily output of crude steel across China Iron and Steel Association (CISA) key mills averaged 2.01 million mt during July 1-10, down 0.65% from the last 10 days of June, according to the latest data from CISA.

Inventories of steel products across those mills grew 1.09 million mt, or 9.69%, from June 30 and came in at 12.31 million mt as of July 10.