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China's crude steel & steel products output go down in H2 of Jul y-o-y

4 Aug 2022 16:09 reported by Stanley Wang

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According to China Iron and Steel Association (CISA), in the second half of July, the average daily steel product output from China's key steel enterprises was about 1.89 million tons, decreasing by 5.35% from the first half of July and dropping by 10.78% year on year.

Meanwhile, key steel enterprises produced crude steel with an average of 1.89 million tons every day, dropping by 7.25% from the first half of July and decreasing by 10.27% year on year.

Apart from that, the steel inventory of Chinese main steel manufacturers was 16.6 million tons, down by 2.08 from the same period of the previous month but hiking by 20.15% year on year.

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