On May 9, the China Iron and Steel Association (CISA) announced that in late April (Apr. 21-30) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.7959 million mt, up 2.66 percent compared to mid-April (Apr. 11-20).
According to the CISA’s previous figures, in mid-April this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had amounted to 1.749 million mt, up 0.1 percent from early April (Apr. 1-10).
Meanwhile, as of April 30, 2014, overall inventory of the main finished steel products in the major steel markets in China totaled 14.3392 million mt, down 9.33 percent as compared to the figure recorded on April 20.