China’s crude steel daily output may increase slightly in Dec
Time:Tue, 04 Jan 2022 07:55:41 +0800
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According to the market statistic, the daily average output of crude steel in China last November was around 2.3 million tons, which remained flat from the previous month.
For December, the market expected the number would increase slightly from November, as the demand showed strong and inventory level was low.
However, for January in 2022, the market expected the off-season factor might cause the price to face pressure, but the low inventory level currently might become the strong support of the market price.
