According to data released by the China Iron and Steel Association (CISA), its member steel enterprises' daily crude steel output totaled 1.6676 million tons in mid-March, up by 047% from the previous 10 days.
CISA forecasted that China's total daily crude steel output would be at 2.0637 million tons, down by 1% from 10 days earlier.
Meanwhile, CISA reported that the major steel enterprises sold around 37.891 million tons of steel products in February, down by 1.62% year on year.