CISA: Members' daily crude steel output edges down in late January

Daily crude steel output among the member mills of the China Iron and Steel Association (CISA) averaged 1.93 million tonnes/day during January 21-31, slipping by 2.2% or by 44,000 t/d from the previous ten days, according to the latest release from the association on February 5.

Contributing to the further decline in daily output was the fact that some domestic steel mills had been conducting maintenance of their steelmaking facilities ahead of the approaching Chinese New Year (CNY) holiday beginning February 15, according to market sources. Based on the performance of its member mills, CISA estimated