CISA: Major steel mills' daily steel product output rises in mid-Jul

Major Chinese steel mills produced roughly 20.37 million tonnes of steel products during the second ten-day period of July, during which the daily output was 2,036,500 tonnes, up by 2.9% from early July, according to China Iron & Steel Association (CISA).

By the end of the period, major Chinese steel mills held steel products inventory of around 16.30 million tonnes, an increase of 899,600 tonnes or 5.84% from ten days ago.