Chinese key steel mills produced 2.04 million tonnes of crude steel averagely each day in November, down 0.9% on the month, according to data released by the China Iron and Steel Association (CISA).

Daily output of pig iron averaged 1.88 million tonnes last month, falling 1.8% from October, while the output of finished steel decreased 0.4% to 2.13 million tonnes.

The total output of crude steel, pig iron and finished steel stood at 61.08 million, 56.35 million and 63.78 million tonnes in November, down 8.9%, 6.0% and 7.3% year on year, respectively, the CISA said.

Over January-November, the daily output of crude steel, pig iron and finished steel of these firms amounted to 2.24 million, 2.03 million and 2.29 million tonnes, respectively.

The cumulative crude steel output dropped 1.9% from a year ago to 747 million tonnes in the first eleven months. Pig iron output dipped 0.6% on the year to 677 million tonnes, while finished steel production climbed 1.3% to 764 million tonnes.