CISA: Members' early Feb daily steel output rises another 1%

Daily crude steel output among the member mills of the China Iron and Steel Association (CISA) continued to rise in the first 10 days of February, maintaining the upward trend that began at the start of this year, according to the association's latest release on Thursday.

The member mills' daily output climbed by 1.1% or 24,000 tonnes/day from late January to an average of 2.13 million t/d over February 1-10, hitting the highest level since late July last year, the CISA data showed. Market sources attributed the production increase to the fact that most integrated steelmakers