According to statistics from China Iron and Steel Association, daily production of China's large and medium-sized steel mills hit 1.7627 million tonnes in the first ten days of November, a rise of 3.49% versus late October; that of the whole country is expected to be 2.1442 million tonnes, up 45,800 tonnes or 2.18%
It is estimated that daily crude steel production of non-key steel mills amount to 382,000 tonnes in early November, down 13,600 tonnes.
At the same time, steel inventory of China's large and medium-sized steel mills totaled 12.926 million tonnes in the end of early November, up 49,600 tonnes or 0.39%