Industrial output of China’s steel sector up 6.6 percent in Q1

Tuesday, 16 April 2024 13:41:33 (GMT+3)   |   Shanghai
       

In the January-March period this year, the value-added industrial output of the ferrous metal smelting and rolling sector in China recorded a year-on-year rise of 6.6 percent, 2.1 percentage points slower compared to the increase recorded in the January-February period this year, as announced by China's National Bureau of Statistics (NBS) on April 16.

In the first three months, China's overall value-added industrial output increased by 6.1 percent year on year. In March alone, the overall value-added industrial output increased by 4.5 percent year on year, while down 0.08 percent month on month.

In the January-March period, the value-added industrial outputs in the mining and manufacturing sectors rose by 1.6 percent and by 6.7 percent year on year, respectively.

In March, the value-added industrial outputs in the mining and manufacturing sectors increased by 0.2 percent and 5.1 percent year on year.


Similar articles

Local Chinese longs market cautious ahead of holiday, price movement limited

29 Apr | Longs and Billet

Silicomanganese prices in local Chinese market - week 18, 2024

29 Apr | Scrap & Raw Materials

Ex-China steel plate prices edge up

29 Apr | Flats and Slab

Chinese steel enterprises’ gross loss totals RMB 21.36 billion in Q1

29 Apr | Steel News

Chinese domestic PPGI prices fluctuate slightly, sentiment affected by futures price drop

26 Apr | Flats and Slab

MOC: Average steel prices in China up slightly during April 15-21

25 Apr | Steel News

Stocks of main finished steel products in China down 5.4% in mid-April

25 Apr | Steel News

Ex-China CRC offer prices rise slightly despite slow trade

24 Apr | Flats and Slab

China’s Zhongshou Special Steel chooses Arvedi ESP zero-emissions technology for its green transition

24 Apr | Steel News

Chinese steel pipe export offer prices stable amid fluctuating futures prices

24 Apr | Tube and Pipe