[Ferro-Alloys.com]  China's steel output and inventory both fell in March, according to data from the China Iron and Steel Association.
The daily production of raw iron, crude steel and rolled steel reached 1.82 million tons, 1.7 million tons and 1.77 million tons on average last month, down 2.1 percent, 3.1 percent and 1.7 percent from February, respectively.
Partly due to the recovery of economic activities as the novel coronavirus epidemic has been largely curbed domestically, the country's steel inventory dropped slightly in March.

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