On July 17, the China Iron and Steel Association (CISA) announced that in early July (July 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 1.8144 million mt, up two percent compared to late June (June 21-30).

According to the ISA's previous figures, in late June this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had amounted to 1.778 million mt, down 3.2 percent from mid-June (June 11-20).

Meanwhile, as of July 10, 2014, overall inventory of the main finished steel products in the major steel markets in China totaled 14.4735 million mt, up 4.0 percent as compared to the figure recorded on June 30.