The China Iron and Steel Association (CISA) released production data for member steel producers covering the first 10 days of August 2026.
According to the data, average daily crude steel production by CISA member producers stood at 1.97 million mt. Production increased by 109,000 mt/day, or %5.8, compared with the final period of July, while remaining %4.9 lower than in the same period last year.
CISA stated that the increase in production was driven by several major steel producers completing maintenance work and resuming production during the first 10 days of August.
Crude steel production in North China increased by %12
The highest increase in crude steel production during the first 10 days of August was recorded in North China.
Average daily crude steel production by CISA member producers in the region increased by %12, or 69,000 mt, to 645,000 mt compared with the July 21-31 period.
The increase was driven by the restart of blast furnaces and sintering facilities following the end of production restrictions imposed in Tangshan from July 25 to 29.
China’s daily crude steel production estimated at 2.67 million mt
Based on CISA data, average daily crude steel production across China, including both member and non member producers, was estimated at 2.67 million mt during the first 10 days of August.
This figure represented an increase of %5.8 compared with the final period of July.
Finished steel production decreased by %8.2
Average daily finished steel production by CISA member producers stood at 1.82 million mt during the same period. Production decreased by 163,000 mt/day, or %8.2, compared with the final period of July.
CISA stated that the decline was partly due to the high comparison base in the final period of July. Even excluding this effect, average daily finished steel production remained %5.3 below the July 21-31 period.
Steelmakers’ inventories increased to 17.18 million mt
Despite the decline in production, finished steel inventories held by CISA member steel producers increased.
Inventories increased by %5.6, or 910,000 mt, from July 31 to reach 17.18 million mt as of August 10.
Commercial finished steel inventories in 21 cities monitored by CISA also increased by %0.6, or 60,000 mt, during the same period, reaching 9.86 million mt.
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