Chinese posts impressive steel output growth in 2007

Tuesday, 05 February 2008 10:06:26 (GMT+3)   |  
       

SteelOrbis Shanghai

In 2007, China's steel production volume remained on a strong uptrend, seeing a considerable year-on-year growth in all major production groups.  The country's crude steel output increased to 48.924 million mt - up 15.7 percent, while its finished steel production rose to 56.460 million mt - up 15.2 percent, compared to 2006.

Meanwhile, also in 2007, the country's pig iron output soared to 46.944 million mt - up 15.2 percent, its coke output rose to 32.894 million mt - up 16.3 percent, ferroalloy production climbed to 17.467 million mt - up 22.2 percent, while wire rod output reached 8.038 million mt - up 13.8 percent year on year.

The breakdown in tonnage according to the various production groups is as follows:

Product

Total volume in 2007 (million mt)

Total volume in 2006 (million mt)

Total Y-O-Y increase (%)

Crude steel

48.92408

42.28529

15.7

Pig iron

46.94463

40.75055

15.2

Finished steel

56.46081

46.01533

22.7

Coke

32.89433

28.28403

16.3

Ferroalloy

1.7467

1.43055

22.1

Heavy rail

0.17877

0.19997

-10.6

Light standard rail

0.11098

0.09134

21.5

Large profiled bar

1.01473

0.91831

10.5

Medium and small profiled bar

2.8395

2.26616

25.3

Bar section

4.5879

3.73912

22.7

Reinforcing bar

10.1366

8.6786

16.8

Wire rod

8.03821

7.06345

13.8

Extremely heavy plate

4.3132

0.31529

36.8

Heavy steel plate

1.7726

1.27434

39.1

Medium plate

3.03705

2.27665

33.4

HR sheet

0.9005

0.61975

45.3

CR sheet

1.56383

1.24907

25.2


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