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It is estimated that China's crude steel output will continue to recover in late August. In the second half of the year, the estimated output of crude steel in the country was 30.338 million tons, and the average daily output was 2.758 million tons, an increase of 2.16% from the middle of August and a decrease of 3.89% from the same period last year. In August, the national crude steel output was 83.449 million tons, and the average daily output was 2.6919 million tons, an increase of 57,500 tons or 2.18% month-on-month, and a year-on-year decrease of 7.74%. In terms of varieties, the price index of long products decreased by 1.33% month-on-month and 22.93% year-on-year, while the price index of flat products decreased by 0.04% month-on-month and 29.34% year-on-year.
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