* China daily steel output fell 5 pct in mid-Jan
* Several mills launched overhauls
* 2011 steel production likely to climb higher
SHANGHAI, Jan 31 (Reuters) – China’s daily crude steel output fell 5.4 percent to 1.695 million tonnes in the second 10 days of January from the previous 10 days, the first fall since mid-October, data from the China Iron & Steel Association showed.
Average daily steel production on a 10-day basis has climbed since the middle 10 days of October, despite government-led measures to cut production in order to meet energy-efficiency targets.
Analysts suggested that slower production was mainly the result of routine annual overhauls by several steel mills. Read more »




China’s steel mills produced 1.687 million tonnes of steel a day in the middle 10 days of December, up 1.2 percent compared with the previous 10 day period, according to data from the country’s steel association.


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