Posted on 17 Oct 2012
According to the data from the China Iron & Steel Association released on Wednesday, China’s average daily crude steel production rose to 1.916 million tons in the first 10 days of October. It is also about 4% rise from the last 10 days of September.
Starting from mid- August, the average daily steel production was lower than 1.9 million tons on weak demand. It made the steelmakers to cut down a little on steel production.