Major Chinese steel mills' daily steel product output slides in early May

Major Chinese steel mills produced around 20.Asian Metal Copyright83 million tonnes of finished steel products during the initial ten-day period of May, when the daily output was 2,083,000 tonnes, down by 8.Asian Metal Copyright83 million tonnes of finished steel products during the initial ten-day period of May, when the daily output was 2,083,000 tonnes, down by 8.Asian Metal CopyrightMajor Chinese steel mills produced around 20.Asian Metal Copyright4% from late April, according to China Iron & Steel Association (CISA).

By the end of the period, major Chinese steel mills held finished steel products inventory of around 16.06 million tonnes, an increase of 770,000 tonnes or 5.Asian Metal Copyright06 million tonnes, an increase of 770,000 tonnes or 5.Asian Metal Copyright0% compared with late April.

.Asian Metal Copyright4% from late April, according to China Iron Steel Association CISAAsian Metal Copyright