The capacity utilization rate of the ferrous metal smelting, rolling and processing industry in China was at 79 percent in the April-June period of the current year, down 0.2 percentage points compared to the same period of last year, while up 0.9 percentage points compared to the January-March period this year, according to China’s National Bureau of Statistics (NBS).
Total industrial capacity utilization in China in the second quarter of this year was at 74.5 percent, down 0.6 percentage points year on year, while up 0.2 percentage points compared to the first three months of the current year.
In the first six months this year, the capacity utilization rate of the ferrous metal smelting, rolling and processing industry in China was at 78.5 percent, up 0.4 percentage points compared to the same period last year, while total industrial capacity utilization in China stood at 74.4 percent, down 1.0 percentage points year on year.