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CISA Mill output at Eight-Month High

Steel

Daily crude steel output at China Iron and Steel Association member mills edged up to 1.91 Mt in the period 21-30 April, the highest since August 2017, according to data from the industry association reported by SteelOrbis. Robust profit margins have encouraged Chinese mills to maximise output and average daily production at CISA mills in April, of 1.90 Mt, was above the year-ago level of 1.84 Mt/day.