Jaway Stainless Steel

Chinese crude steel daily output in July down by 3pct MoM

As per CISA latest survey, China daily output of crude steel eyed a decline of 3.1%MoM coming at 1.955 million tonnes highest falling record since late June.

And the data released by CISA, the crude steel output arrived at 1.955 million tonnes per day in early July down by 3.1%MoM. Meanwhile, CISA member daily output came at 1.627 million tonnes down by 3.8%MoM.

As per report, before this the figure came at 2.018 million tones in late June up by 3.22%MoM first time breaking 2 million tonnes in the history.