CISA: Members' daily crude steel output rebounds in early May

Daily crude steel output among the member mills of the China Iron and Steel Association (CISA) recovered during May 1-10, with the tonnage increasing by 3.6% or 74,000 tonnes/day from the late-April period to average 2.11 million t/d, according to the latest release from the association on May 14.

Despite the rise, the average was still lower by 4.3% compared to the same ten days last year, CISA indicated in the release. Based on the same dataset, the association estimated that daily crude steel output among both member mills and non-member mills averaged 2.83 million t/d during the period,