China's major mills raised their daily output rates for crude steel in mid-April on good demand and healthy profit, while their finished steel inventories also increased.
Members of the China Iron & Steel Association (Cisa) produced crude steel at an average rate of 2.01 million tonnes per day during the second 10 days of April, up 2.6% from 1.96 million tpd in early April, according to data released by the industry body on...