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CISA: Major steel mills' average daily steel product output down to 2.05Mt in early Sep

Major Chinese steel mills produced 20.46 million tonnes of steel products during the first ten-day period of September when the daily output was around 2.05 million tonnes, down by 6.69% from late August, according to China Iron & Steel Association (CISA).

During the period, major Chinese steel mills held steel products inventory of around 15.80 million tonnes, an increase of 1.08 million tonnes or 7.33% from late August.