CISA: Members' Jan-Nov crude steel output slips 2% YoY

Total crude steel production among the member mills of the China Iron and Steel Association (CISA) maintained the on-year decline during January-November to reach 747 million tonnes, with the on-year fall expanding to 1.9% from the 1.8% for the first ten months of this year, according to the data released by the association on December 17.

For November alone, CISA's member mills produced 61.08 million tonnes of crude steel, recording a sharper drop of 8.9% from the year-prior level, as compared to the 6.7% on-year decrease in October, contributing to the faster fall in their total crude steel output for the first 11 months, the