CISA: Major steel mills' daily steel product output shrinks in late Jul

Major Chinese steel mills produced around 21.77 million tonnes of steel products during the last eleven-day period of July, during which the daily output was 1,978,900 tonnes, down by 2.83% from mid-July, according to China Iron & Steel Association (CISA).

By the end of the period, major Chinese steel mills held steel products inventory of around 16.05 million tonnes, a decrease of 251,600 tonnes or 1.54% from mid-July.