Early June Steel Output Rises in China
OREANDA-NEWS. June 25, 2012. China crude steel output is estimated at 19.99 million tons during June 1-10, 2.03 percent higher than the previous ten days.
The production rate of small mills declined in reflection of their more flexible operation mode whereas that of larger producers rallied due largely to the marginal effect.
Inventories at major steelmakers amounted to 11.51 million tons as of June 10, up 0.14 percent from ten days ago and 34.5 percent from early this year.
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