CISA: Members' daily crude steel output drops in late August

Daily crude steel output among the member mills of the China Iron and Steel Association (CISA) declined markedly during August 21-31, with the tonnage slipping by 4% or 80,000 tonnes/day from the middle ten days of last month to average 1.89 million t/d, according to the latest release from the association on September 6. This was also 3.1% lower than end-August last year, the results showed.

Based on the same dataset, the association estimated that daily crude steel output among all domestic steel mills averaged 2.39 million t/d in late August, dropping by the same 4% from the mid-August period. On the other hand, daily output of finished steel among CISA member mills averaged 2.01 million