CISA: China's steel rates to be range-bound in close to term
On the supply side, China's steel manufacturing reduced slightly in mid-October, with day-to-day crude steel result amongst CISA's member mills balancing 2.06 million tonnes/day for the month's middle 10 days, down 2.03% from the prior 10 days. Based on the study outcome, CISA approximated that China's daily crude steel result nationwide
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