Trade Resources Economy CISA:This Year The Average Aggregate Daily Crude Steel Output in China up 0.1 Percent

CISA:This Year The Average Aggregate Daily Crude Steel Output in China up 0.1 Percent

On April 28, the China Iron and Steel Association (CISA) announced that in mid-April (Apr. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.749 million mt, up 0.1 percent compared to early April (Apr. 1-10). Meanwhile, the average aggregate daily crude steel production of all steelmakers in China in mid-April was estimated at 2.28 million mt, indicating a rise of 6.0 percent compared to early April.

According to the CISA's previous figures, in early April this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had amounted to 1.747 million mt, up 4.7 percent from late March (Mar. 21-31). In early April, the average aggregate daily crude steel production of all steelmakers in China was estimated at 2.152 million mt, indicating a rise of 3.8 percent compared with late March.

Meanwhile, as of April 20, 2014, overall inventory of the main finished steel products in the major steel markets in China totaled 15.815 million mt, up 4.5 percent as compared to the figure recorded on April 10.

Source: http://www.steelorbis.com/steel-news/latest-news/cisa-chinas-average-daily-crude-steel-output-up-6-in-mid_april-825775.htm
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Cisa: China's Average Daily Crude Steel Output up 6% in Mid-April
Topics: Metallurgy