The China Iron and Steel Association (CISA) reported that in mid-March (March 11-20) this year, the average daily crude steel output of China's large and medium-sized steel mills - all CISA members - was 2.027 million tons, up 0.8% from early March (March 1-10) this year.
In early March, the average daily crude steel output of large-scale steel mills and medium-sized steel enterprises in China amounted to 2.011 million tons, which is 0.8% less than at the end of February (February 21-28) this year.
Inventory levels of large and medium-sized steel enterprises in China increased during the period. As of March 20, finished steel inventories of China's large and medium-sized iron and steel enterprises totaled 17.91 million tons, an increase of 0.6 percent compared to March 10.
