In late March steel stocks of iron and steel enterprises were 18mn mt, up by 8.87pc from the previous year.
China late March production data
Production (mn mt) | Avg daily output (mn mt) | % Change in daily output M-O-M | % Change in daily output Y-O-Y | |
| Crude steel | 20.10 | 1.869 | -0.53 | -0.42 |
| Pig iron | 18.51 | 1.827 | -1.47 | 3.27 |
| Steel | 20.39 | 1.854 | 5.43 | -0.46 |