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China steel mills’ daily steel output fell 3.08% in early March

China Iron and Steel Association (CISA) announced that in early March (March 1-10) of this year, the average total daily raw steel production of large and medium-sized steel companies in China amounted to 2.1517 million tonnes, down by 3.08% compared to late (February 21-28) this year.

In late February (21-28) this year, the average total daily crude steel production of large and medium-sized steel enterprises in China reached 2.2202 million tonnes, up 6.09 per cent from mid-February (11-20).

Stock levels in China’s steel market rose as of March 10, and the final steel stock of large and medium-sized steel companies in China reached 17.7041 million tonnes, up by 1.63% from February 28.

As of March 10, rebar futures on the Shanghai Futures Exchange were at CNY 4,314/t ($625.2/t), up CNY 140/to ($20.3/t) or 3.4 per cent since February 28.

The daily steel output of China’s steel mills fell by 3.08% in early March.

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لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

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Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.

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