Crude steel output at Cisa mills up by 5% in mid-March

Crude steel output by China Iron & Steel Association (Cisa) mills increased by 4.71% to 2.25 million tonnes on a daily average basis during the second 10-day period of March compared with the previous 10-day period, according to the latest data published by the association on Thursday March 23.

The latest output level marks the highest in nine months, with demand recovering seasonally and mill margins improving amid a price rally.

Fastmarkets’ price assessment of steel hot-rolled coil domestic,...


Zihuan Pan

March 24, 2023

06:02 GMT