CISA estimates Chinese crude steel output of 98.08 million mt for May, up 6.3%

Friday, 11 June 2021 14:14:39 (GMT+3)   |   Shanghai
       

The China Iron and Steel Association (CISA) has estimated that China’s crude steel and finished steel outputs may reach 98.08 million mt and 122.69 million mt in May, up 6.3 percent and 7.1 percent year on year, while Chinese pig iron output will likely amount to 77.27 million mt, down 0.1 percent year on year.

In April this year, China had produced 97.9 million mt of crude steel, according to worldsteel, which means that the output has indicated a gradual increase month on month.

As of mid-May this year, import iron ore prices hit a peak level for the month of over $230/mt, reflectıng stronger steel demand and the overall uptrend in the steel market, while iron ore prices fell below $200/mt later in the month.

 


Similar articles

Metinvest’s pig iron output down 48.8% in H1 amid lower output at Mariupol plants

11 Aug | Steel News

Ukraine’s Metinvest produces less pig iron and crude steel output in Q1

16 May | Steel News

Mechel’s output and sales down in 2021

01 Mar | Steel News

Metinvest’s pig iron output up 14.5% in 2021 amid higher output at Ilyich Steel

02 Feb | Steel News

Evraz sees lower steel output and sales in 2021 amid export duties

01 Feb | Steel News

Russia’s Metalloinvest sees slight rise in iron ore output in 2021

27 Jan | Steel News

Su Changyong: “China to maintain its position as world's steel manufacturing and consumption center”

02 Dec | Steel News

Mechel’s output and sales down in Jan-Sept

18 Nov | Steel News

Metalloinvest’s sales revenues rise in H1 amid higher iron ore and steel prices

19 Aug | Steel News

Metinvest’s pig iron output up 8% in H1 amid higher output at Mariupol plants

09 Aug | Steel News