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MYSTEEL: China late Nov daily steel output reverses up 1%

Daily crude steel production among the 318 Chinese steel mills under Mysteel’s survey reversed up over the last ten days of November, growing by 1% from the prior ten days to average 2.97 million tonnes over November 21-30, according to the latest survey released on December 1.
The318 steel producerscomprise 247 blast-furnace (BF) and 71 electric-arc-furnace(EAF)millsacrossChina.The rebound in output in late November was mainly attributed to the fact that some steelmakers had ramped up production after completing maintenance on their steelmaking facilities, given that steel prices in the domestic market are profitable. Compared with the same ten days in November last year, daily crude steel

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