Chinese steel sector’s industrial capacity usage at 77.3 percent in Q1

Wednesday, 17 April 2024 10:39:56 (GMT+3)   |   Shanghai

The capacity utilization rate of the ferrous metal smelting, rolling and processing industry in China was at 77.3 percent in the January-March period of the current year, down 0.8 percentage points compared to the same period of the previous year, while it was up 0.9 percentage points compared to the October-December period last year, according to China’s National Bureau of Statistics (NBS).

Total industrial capacity utilization in China in the January-March period was at 73.6 percent, down 0.7 percentage points compared to the October-December period last year, while down 2.3 percentage points compared to the same period of the previous year.

EuniceOuyang
Eunice Ouyang
Editor
All Articles by the Author

I graduated from University of Shanghai for Science and Technology, with 16 years of deep expertise in the steel industry. I am responsible for steel-related news and intelligence, as well as leading the content team in China.

Similar articles

Chinese domestic steel section prices fluctuate in small margin

Local molybdenum and ferromolybdenum prices in China - week 44, 2026

Local Chinese chrome ore and ferrochrome prices - week 44, 2026

Local pig iron prices in China - week 44, 2026

Local Chinese coking coal prices - week 44, 2026

Silicomanganese prices in local Chinese market - week 45, 2026

Ex-China rebar prices remain stable amid sluggish domestic market despite expected production cuts

Shougang Jingtang selects Primetals for slab caster revamp to improve automotive steel quality

Chinese domestic stainless steel prices edge up despite weak demand

Chinese domestic steel section prices remain largely stable with slight decreases