Industrial output of China’s steel sector up 11.2 percent in Oct

Monday, 16 November 2020 12:06:17 (GMT+3)   |   Shanghai

In October this year, value-added industrial output of the ferrous metal smelting and rolling sector in China recorded a 11.2 percent increase year on year, indicating a rise of 2.2 percentage points compared to the 9.0 percent year-on-year increase recorded in September this year amid good demand from downstream users in October which is another month of the traditional peak season for business, as announced by China's National Bureau of Statistics (NBS).

China's overall value-added industrial output increased by 6.9 percent year on year in October, unchanged from the 6.9 percent increase recorded in September.

In October, of the 41 industrial sectors in China, 34 witnessed year-on-year increases in value-added industrial output. In October, outputs in the mining and manufacturing sectors rose by 3.5 percent and 7.5 percent year on year, respectively.

Most Recent Related Articles

Shanxi Province’s coal output rises by 13.9 percent in October

China’s shipbuilding output falls 3.6% in Jan-Oct, new orders down 6.6%

China’s iron ore output up 0.7 percent in October

NBS: China’s crude steel output up 12.7% in October

CISA mills’ daily steel output down 0.77% in Oct 21-31 despite good demand