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MYSTEEL: China's late Jan daily steel output retreats

ABSTRACT

Daily crude steel production among the 247 Chinese blast-furnace and 71 electric-arc-furnace steel mills under Mysteel's survey reversed down over the last eleven days of January, falling by 22,800 tonnes/day or 0.9% from that for mid-January to average 2.5 million t/d. Prior to this, the daily output figure had been rising continuously for one month.
But the decrease was not surprising as many Chinese steel mills, especially EAF steelmakers, had conducted maintenance or halted operations when the domestic market quietened gradually ahead of the Chinese New Year (CNY) holiday beginning January 31, Mysteel Global noted. Most BF steel mills had maintained normal production in late

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