Tag: China weekly: Domestic steel prices inch down on increased output

This week steel prices remained largely stable w-o-w amid weak demand from end-users. However, iron ore prices increased w-o-w due to a positive development in the market. The average daily crude steel output of CISA-affiliated mills stood at 2.14 mnt in mid-September 2022. The average daily finished steel output was at 2.09 mnt, up 3.51%…