Daily steel production at CISA plants decreased by 0.7% in mid-May 2026, stocks increased

The China Association of Ferrous Metallurgy (CISA) announced that in mid-May (May 11-20) of this year, the average daily volume of crude steel production by large and medium-sized steel mills in China - by all CISA members - amounted to 2,096 million tons, which is 0.7 percent less than at the beginning of May (May 1-10) of this year.

In early May (May 1-10) of this year, the average daily volume of crude steel production by large and medium-sized steel mills in China - all CISA members - amounted to 2.11 million tons, which is 3.6% more than at the end of April this year.

The level of reserves of large and medium-sized metallurgical enterprises in China also increased during this period. As of May 20, the stocks of finished steel of large and medium-sized metallurgical enterprises in China amounted to 18.77 million tons, an increase of 11.2 percent compared with May 10.

Against the background of lower crude steel production, inventory levels increased in mid-May, signaling lower demand from downstream users during this period.