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CISA: China’s daily crude steel output fall in July
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According to statistics released by China Iron and Steel Association (CISA), the country’s daily crude steel output was estimated at 1.949 million tons in the last ten days of July, falling by 2.2% from the previous ten days.
Hence, CISA predicted that China’s daily crude steel output would be at 1.967 million tons in July, lower than 2.007 million tons in June.
It’s analyzed that the Chinese steelmakers have cut the output to release the high inventory.
News Date
8/8/2012 10:29:05 AM
reported by
Nann Cheng
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