Chinese key steel mills saw a fall of 1.09% in daily output of crude steel over September 1-10 compared to previous ten days, according to data from the China Iron and Steel Association (CISA).
The association said these steel mills produced 2.14 million tonnes of crude steel averagely each day during the period, an increase of 6.73% from a year ago.
Daily production of pig iron averaged 1.9 million tonnes, inching down 1.55% from ten days ago but up 4.82% from the year prior, while that of finished steel decreased by 8.86% from ten days ago to 2.0 million tonnes, up 6.5% year on year.
During September 1-10, key steel mills churned out a total 21.37 million tonnes of crude steel, 18.96 million tonnes of pig iron, 20.0 million tonnes of finished steel and 3.19 million tonnes of coke.
During the same period, China was estimated to produce a total 29.61 million tonnes of crude steel, with daily output dipping 0.57% from ten days ago but up 6.41% on the year to 2.96 million tonnes.
Total output of pig iron in China was estimated at 24.96 million tonnes, with daily output at 2.5 million tonnes. Total finished steel output was expected to reach 37.08 million tonnes, with daily output down 1.23% from ten days ago but up 12.33% on the year to 3.71 million tonnes.
As of September 10, key steel mills held 13.27 million tonnes of finished steel stocks, up 7.27% from ten days ago and jumping 39.2% from early this year.
(Writing by Rebecca Liu Editing by Tammy Yang)
For any questions, please contact us by firstname.lastname@example.org or +86-351-7219322.