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Steel & Metal
- China -

China’s CISA mills lift early‑October crude steel output 7.5%; inventories also climb

The China Iron and Steel Association (CISA) reported a rebound in member mill production in early October. Average aggregate daily crude steel output at large and medium‑sized CISA members reached 2.032 million metric tons during Oct. 1–10, up 7.5% from late September (Sept. 21–30), when output had been 1.889 million mt/day, down 8.9% from mid‑September. Finished steel inventories at these enterprises rose to 15.88 million mt as of Oct. 10, an increase of 8.2% from Sept. 30. Separately, Mysteel said the nationwide crude steel average for Oct. 1–10 was estimated at 2.51 million mt/day, also up 7.5% from late September, while noting the CISA members’ daily rate of about 2.03 million mt/day represented a 0.9% year‑on‑year dip for the period. The rebound follows production curbs in late September and the subsequent resumption of operations at some mills after the holiday period. The inventory build suggests supply outpaced offtake in the first third of October, aligning with seasonal patterns when construction activity gradually normalizes after the holiday. The updates provide a snapshot ahead of official national monthly statistics and are closely watched by iron ore and steel markets for indications of short‑term production momentum and stock trends.

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