CISA: Biggest crude steel output rises in Q1 seen in north and east China

Wednesday, 15 May 2019 11:37:59 (GMT+3)   |   Shanghai

The China Iron and Steel Association (CISA) has announced that the crude steel output of its member enterprises in the first quarter this year amounted to 173.3289 million mt, up 7.31 percent year on year. In particular, in northern China, eastern China, central-south China, southwestern China, northwestern China and northeastern China, the respective year-on-year increases in crude steel output in the given quarter amounted to 6.9172 million mt, 2.2395 million mt, 0.3611 million mt, 0.5168 million mt, 0.4604 million mt and 1.3178 million mt, i.e., up 14.75 percent, 3.93 percent, 1.48 percent, 5.72 percent, 3.61 percent and 7.17 percent year on year. Accordingly, the largest increases in crude steel output were seen in northern China and eastern China, and so in the future these regions are expected to be the focus of output restriction measures.

Most Recent Related Articles

Flat steel inventories up in China in mid-Sept, longs stocks down

China’s iron ore output up 4.8 percent in August amid strong demand

Iron ore prices down sharply amid falling futures and insufficient steel demand in China

Iron ore prices decline gradually due to weaker steel market

Offers for Asian wire rod keep moving up following recent deals