The China Iron and Steel Association (CISA) announced that at the end of September (September 21-30) this year, the average cumulative daily crude steel output of large and medium-sized steel mills in China - all CISA members - was 1.889 million tons, down 8.9 percent from mid-September (September 11-20) this year.
In mid-September, the average daily production of crude steel by large and medium-sized steel enterprises in China was 2.073 million tons, which is 0.6 percent less than in early September (September 1-10) of this year.
Inventory levels of large and medium-sized steel enterprises in China during this period decreased. As of September 30, finished steel inventories of China's large and medium-sized iron and steel enterprises totaled 14.67 million tons, down 4.1 percent from September 20.
