CISA: Major steel mills' daily steel product output reaches 2.28Mt in late Jun

Major Chinese steel mills produced about 22.84 million tonnes of steel products during the final ten-day period of June, during which the daily output was 2,284,000 tonnes, up by 8.86% from mid-June, according to China Iron & Steel Association (CISA).

By the end of the period, major Chinese steel mills held steel products inventory of around 14.69 million tonnes, a decrease of 1,731,500 tonnes or 10.54% from ten days ago.