Major Chinese steel mills produced about 18.58 million tonnes of steel products during the final nine-day period of February, during which the daily output was 2,065,000 tonnes, up by 4.03% from mid-February, according to China Iron & Steel Association (CISA).

In late February, major Chinese steel mills held steel products inventory of around 18.02 million tonnes, a decrease of 959,000 tonnes or 5.05% from mid-February.