Commodities Buzz: China Crude Steel Output Averages At 2.11 Million Tons In November

capital market | Mumbai |

Commodities Buzz: China Crude Steel Output Averages At 2.11 Million Tons In November

According to data released by China Iron & Steel Association (CISA), the country's daily crude steel output averaged at 2.11 million tons in November. The daily crude steel output in the world's top producer and consumer in October decreased by around 3.13% or 68,000 tons compared to the previous month. In November, the country's crude steel output totaled 63.3 million tons. During the first eleven months, output of crude steel reached 748.67 million tons, up by 1.9% year on year.

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