The production of steel in China continued its growth in early November. The average daily smelting of steel in the first decade reached 2 million 144. thousand tons compared to the previous decade when 2 million 98 thousand tons of raw steel were produced daily. This is reported today by the Chinese Association of CISA ferrous metallurgy.
As it became known to the leading metallurgical companies of the PRC refused to review their selling prices for December, and Wuhan Iron & Steel (Wisco) reports reducing prices for a hot -rolled and cold -rocked sheet.
Meanwhile, industry sources do not exclude that the rest of the manufacturers of the PRC will follow the Wisco example and lower prices in December due to the "current crisis".
In early November, the daily production of steel in China exceeded 2 million 144 thousand tons
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