* In the first ten days of August, the daily output of crude steel in the country increased by 0.35%. * Steel Association's crude steel daily output increased by 1.24%, exceeding the national level * Steel mills are still profitable, while steel mills in some areas have limited electricity impact Reuters Beijing August 17 NEC---China's steel mills have low profits, but they still have profits. China Steel Association estimates that the average daily crude steel output in the first half of August increased slightly by 0.35% to 1,941,900 tons, higher than the July average. The division also said that steel mills in some areas still have limited electricity impact. The steel association members (mostly large and medium-sized steel enterprises) increased their crude steel output in early August by 1.24%, exceeding the national average. Zhonglian Steel analyst Hu Yanping It is said that the steel mill started construction in August and is similar to the latter part of July. "Some areas are still affected by power cuts, and some of the main enterprises rely on profitability and other problems to repair some production lines." But overall, currently Steel mills have low profit but still profitable, and the recent steel market performance is acceptable, coupled with the expectation of "Golden September and Silver 10", "August production is limited by the decrease in production," she said. Steel industry website - Zhonglian Steel Citing the data of China Steel Association, the average daily output of crude steel in the steel association members in the first ten days of August was 1.631 million tons. Adding 1.24%. Overcapacity has been a problem for China's steel industry. Although the Chinese government has ordered the steel industry to eliminate backward production capacity, the effect is very small. China's crude steel output in July is still at a high level. The China National Bureau of Statistics has previously announced that China's July crude Steel production reached 59.3 million tons, an increase of 15.5% year-on-year. The equivalent daily output of crude steel was 1,912,900 tons.Other Hose Fittings & Clamps
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