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CISA: Members’ late Aug daily steel output down 4%

ABSTRACT

Over August 21-31, daily crude steel output among the member mills of the China Iron & Steel Association (CISA) reversed down from the prior ten days, slipping by 4% or 85,200 tonnes/day to 2.05 million t/d on average, according to the association’s sharing on September 4, as more steel mills reined in output in accordance with Beijing’s call for lower steel production in 2021.
The latest result, thus, saw daily crude steel output among CISA’s member mills decline by 2.1% on month to 2.1 million t/d on average for the whole August, which was also down 2.3% on year, CISA shared. Based on the latest data, CISA estimated the country’s daily crude steel output at

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