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MYSTEEL: China Dec finished steel output to rise further

Daily output of five major carbon steel products among the 216 surveyed steelmakers across China in December is expected to increase further on month, and Mysteel’s latest survey published on December 10 already expected a rise of 43,000 tonnes/day or about 2.5% on month to 1.77 million t/d on average. 
This will be the second month in a row to see inclines in China’s finished steel output, as in November, the actual daily finished steel output among the surveyed mills grew to 1.73 million tonnes/day, or up 35,000 t/d or 2.1% on month, and the rolling capacity utilization rate, accordingly,

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