CISA: Major steel mills' average daily steel product output records 2.30 million tons in late May
2021-06-04 11:38:39 [Print]
According to the data released by China Iron & Steel Association (CISA), major steel mills produced a total of 25.32 million tons of steel product in late May 2021. The average daily steel product output reached 2.30 million tons in this period, up by 0.24% MOM and 11.26% YOY.
In this period, the inventory of major steel mills recorded 13.41 million tons, a decrease of 1.23 million tons or 8.43% from the previous ten-day period, down by 7,800 tons or 0.06% from the end of last month, an increase of 1.79 million tons or 15.36% from the beginning of the year, up by 120,000 tons or 0.90% from the same period last year.
In this period, the inventory of major steel mills recorded 13.41 million tons, a decrease of 1.23 million tons or 8.43% from the previous ten-day period, down by 7,800 tons or 0.06% from the end of last month, an increase of 1.79 million tons or 15.36% from the beginning of the year, up by 120,000 tons or 0.90% from the same period last year.
