CISA: Members' daily crude steel output recovers slightly in early Feb

Daily crude steel output among the member mills of the China Iron and Steel Association (CISA) averaged 1.95 million tonnes/day during February 1-10, edging up by 0.6% or by 11,000 t/d from the last 11 days in January, according to the latest release from the association on February 13.

Despite the slight pickup, the reading still posted a sizable on-year decline of 8.8% from the corresponding period of last year, according to the same release. Based on the performance of its member mills, CISA estimated that the country's daily crude steel output averaged 2.4 million t/d during early February,