Daily crude steel output at CISA key mills inched up in early December

SHANGHAI, Dec 19 (SMM) – Daily crude steel output across China Iron and Steel Association (CISA) key mills averaged 1.97 million mt in the first 10 days of December, up 2,500 mt, or 0.13% from the November 21-30 period, according to the latest data from CISA.

However, inventories of steel products across those mills continued to shrink, decreasing 600,800 mt, or 5.09%, from November 30 to 11.21 million mt as of December 10.