Daily crude steel output at CISA key mills dipped in late November

SHANGHAI, Dec 10 (SMM) – Daily crude steel output across China Iron and Steel Association (CISA) key mills averaged 1.96 million mt during November 21-30, down 31,500 mt, or 1.58% from daily production during November 11-20, according to the latest data from CISA.

Inventories of steel products across those mills continued to shrink, by 294,000 mt, or 2.43%, from November 20 and came in at 11.81 million mt as of November 30.