CISA: Major steel mills' average daily steel product output records 2.16 million tons in early May
According to the data released by China Iron & Steel Association (CISA), major steel mills produced a total of about 21.62 million tons of steel product in early May 2022. The average daily steel product output was about 2.16 million tons during this period, down by 5.73% MoM.
In early May 2022, the inventory of steel product of major steel mills reached about 18.75 million tons, up by 659,800t or 3.65% from late April.