According to the data released by CISA (China Iron and Steel Association), Chinese registered steelmakers have contributed a daily crude steel output of 1.622 million metric tons in middle March of this year, rising by 3.2% from early March. Meanwhile, Chinese average daily crude steel output is estimated to stand at 1.919 million metric tons in middle March, swelling by 1.1% versus early March.
As for the market prospect, experts said that the domestic steel output may continue rising up slightly regarding of the looming high season for steel products.