According to statistics from China Iron and Steel Association (CISA), from June 1 to 15, the daily average of China’s crude steel output was about 2.04 million tons, decreasing by 5.6% compared to the previous period.
In the first fifty days of June, China’s average daily pig iron production was 1.9 million tons, which was 0.7% higher from the last period.
Apart from that, the stocks of finished steel in China’s steel mills and spot markets went up to 20.48 million tons during the same period.