CISA: Major steel mills' average daily steel product output rises to 1.99Mt in mid-Nov

Major Chinese steel mills produced 19.90 million tonnes of steel products during the second ten-day period of November when the daily output was around 1.99 million tonnes, up by 1.86% from early November, according to China Iron & Steel Association (CISA).

During mid-November, major Chinese steel mills held steel products inventory of around 15.33 million tonnes, an increase of 640,300 tonnes or 4.36% from early November.