The China Iron and Steel Association (CISA) has stated that in late June (June 21-30) this year the average aggregate daily crude steel output of its member enterprises in China totaled 1.7624 million mt, up 0.97 percent or 17,000 mt compared to mid-June (June 11-20) and constituting a new record high. In late June, the average aggregate daily crude steel production of all steelmakers in China was estimated at 2.1812 million mt, indicating an increase of 0.78 percent or 17,000 mt compared with mid-June and also constituting a record output volume.

According to the previous figures from the CISA, in mid-June (June 11-20) this year the average aggregate daily crude steel output of its member steel producers in China totaled 1.7455 million mt, up 0.79 percent compared to early June (June 1-10). Meanwhile, the average aggregate daily crude steel production of all steelmakers in China in mid-June was estimated at 2.164 million mt, up 0.37 percent compared with early June.

As of June 30, total finished steel inventory of large and medium-sized steel enterprises in China reached 12.679 million mt, decreasing by 874,00 mt compared to June 20.