CISA: Members' mid-June daily steel output hits 2-mth high

Daily crude steel output among the member mills of the China Iron and Steel Association (CISA) during the middle ten days of June hit a two-month high of 2.26 million tonnes/day, according to the association's latest release on June 25. The June 11-20 daily average was higher by 1.4% or 31,600 t/d from the first ten days of this month, it noted.

Seen mostly responsible for the further rise in output were integrated mills that ramped up production during the period after their profit margins had improved, according to a market insider. Based on its member-mill results, CISA also estimated that the country's daily crude steel output averaged 2.95 million t/d during