China's National Bureau of Statistics has stated that in November this year the average aggregate daily finished steel output of large and medium-sized steel enterprises in China totaled 2,707,700 mt, up 68,600 mt compared to October.
In November, total finished steel output of the steelmakers in question amounted to 81.23 million mt, indicating an increase of 16.5 percent compared to October and constituting the second successive month-on-month increase. The total finished steel output of large and medium-sized Chinese steel enterprises in October had increased by 12.7 percent compared to September.
Meanwhile, the aggregate industrial value-added output of all large and medium-sized industrial enterprises in China witnessed a year-on-year increase of 10.1 percent in November, reaching the highest monthly figure since April this year.