CISA mills' daily steel output up 0.8 percent in early August

The China Iron and Steel Association (CISA) has announced that in early August(August 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 2.1527 million mt up 0.8 percent compared to late July (July 21-31) this year.

In late July this year, the average aggregate daily crude steel output of the large and medium-sized steel enterprises in China totaled 2.1356 million mt, down 4.99 percent compared to mid-July (July 11-20)

Inventory levels of the large and medium-sized steel enterprises in China increased in the given period. As of August 10, the finished steel inventories of large and medium sized steel enterprises in China amounted to 16.0517 million mt, increasing by 10.8 percent compared to July 31.