According to statistics of China Iron & Steel Association (CISA), China's average daily crude steel surged to 2.034 million tons in the last 8 days of February, rising by 1.4% from 2.006 million tons in mid-February.
Also, the output hit the highest level since May, 2012..
In February, China's crude steel production amounted to 56.22 million ton and the daily crude steel output averaged at 2.008 million tons, rising by 5% from CISA's estimates.