CISA: Members' daily crude steel output hits intra-year low in late Oct

Daily crude steel output among the member mills of the China Iron and Steel Association (CISA) decreased markedly during October 21-31 to hit the lowest level so far this year, according to the latest release from the association. The total tonnage slipped by 2.1% or 134,000 tonnes/day from the middle ten days of last month to average 1.76 million t/d, CISA said.

Similarly, the average production level was also 3.1% lower compared with the same eleven days of last year, according to the same release. Based on the same dataset, the association estimated that daily crude steel output among both member and non-member mills nationwide averaged 2.26 million t/d in late October,