China large steelmakers' daily output inches up in early Oct

16 Oct, 2014

BEIJING: Average daily crude steel output from China's large steel mills inched up 0.8 percent to 1.8 million tonnes in the first 10 days of October, data from the China Iron and Steel Association (CISA) showed on Thursday.

CISA also said that steel product stockpiles at major mills reached 15.689 million tonnes by Oct. 10, up 5.2 percent compared to the end of September.

According to a research note by online trading portal GTXH.com, five of CISA's 95 steel mill members failed to report their production figures over the period. The five included Shanxi province's Highsee Group, which has suspended operations as a result of longstanding financial problems.

The following table shows changes in daily output since the start of the year. Some previous output figures have been revised by CISA.

Copyright Reuters, 2014

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