China daily Crude Steel production rises to 1.999 Mmt in mid-Oct: CISA

BEIJING (Scrap Monster): Chinese daily crude steel production of its members hit 1.6061 million metric tonnes in middle October, as per latest data released by the China Iron and Steel Association (CISA).

Estimated daily crude steel output amounts to 1.9992 million metric tonnes, up by 4.1% compared with that in previous ten days.

Data also shows that steel inventory of key medium and large sized steel mills stand at 11.035 million tonnes, up by 270,000 tonnes.