According to data released by China Iron and Steel Association (CISA), the daily crude steel of its steel enterprise members totaled 2.129 million tons in the early September, rising by 1.29% from the previous 10 days.
In early September, the stocks hold by CISA’s steel enterprise member totaled 12.595 million tons, increasing by 1.16% from 10 days ago.
Industry sources indicated that China’s steel output remained high and the Chinese steel mills have face difficulty to reduce production.
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