Daily crude steel output at CISA key mills rose in mid November

SHANGHAI, Dec 6 (SMM) – Daily crude steel output across China Iron and Steel Association (CISA) key mills averaged 2 million mt during November 11-20, up 8,800 mt, or 0.44% from daily production during the first 10 days of the month, according to the latest data from CISA.

Inventories of steel products across those mills shrank 163,600 mt, or 1.33%, from November 10 and came in at 12.1 million mt as of November 20.