China's Average Daily Steel Output Rebounds 2.7 pct in Early August

  • Wednesday, August 21, 2013
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  • Keywords:steel
[Fellow]China's average daily crude steel output bounced u
[Ferro-alloys.com]SHANGHAI, Aug 20 (Reuters) - China's average daily crude steel output bounced up 2.7 percent to 2.140 million tones between Aug. 1-10 from July 21-31, China Iron & SteelAssociation (CISA) data showed on Tuesday.
 
CISA estimated the country's total production based on its members, including more than 80 large steel mills that account for about 80 percent of China's total steel output.
 
CISA members produced 1.76 million tonnes of crude steel on an average daily basis during the first 10 days of August, growing by 5.5 percent from the preceding period, data showed. 
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