Summary of output of China’s key large and medium steel producers in July 2008

Friday, 29 August 2008 13:53:10 (GMT+3)   |  
       

SteelOrbis Shanghai

Due to the huge decline in market prices and the routine overhauling work of most mills, China's July steel output is down greatly compared with the figure for June, and the same trend is seen as regards the country's key large and medium steel producers.

Looking at pig iron production: in July, among the sixty-seven key large and medium scale producers listed by the China Iron and Steel Association (CISA), the total output of pig iron was 31.796 million mt, up 1.99 million mt or 6.7 percent year on year; their average output on a daily basis was 1.0257 million mt, down 37,600 mt or 3.5 percent month on month. Meanwhile, the output of these sixty-seven producers accounted for 75.7 percent of China's total pig iron output in July, up 3.5 percentage points year on year.

With regard to crude steel, the output of these sixty-seven producers in July was 34.954 million mt, up 2.007 million mt or 6.1 percent year on year; their average output on a daily basis was 1.1275 million mt, down 57,000 mt or 4.8 percent month on month. Meanwhile, the output of these producers in the month in question accounted for 77.9 percent of China's total output, up 0.8 percentage points year on year.

As for finished steel, the output of the sixty-seven producers in question in July was 32 million mt, up 2.447 million mt or 8.3 percent year on year; their average output on a daily basis was 1.0323 million mt, down 54,100 mt or 5 percent month on month. Meanwhile, the output of these 67 producers accounted for 62.7 percent of China's total output in July, up 0.8 percentage points year on year.

Among the sixty-seven steel producers in question, the top five companies regarding pig iron output in July are as follows:
Hebei Iron & Steel Group-2.8377 million mt in July, up 661,100 mt or 30.4 percent; 18.2377 million mt in January-July, up 2.978 million mt or 19.5 percent.
Baosteel Group-2.1333 million mt in July, up 203,600 mt or 10.6 percent; 14.928 million mt in January-July, up 1.1846 million mt or 8.6 percent.
Anben Iron and Steel Group-1.9162 million mt in July, down 27,800 mt or 1.4 percent; 13.8268 million mt in January-July, up 169,800 mt or 1.2 percent.
Wuhan Iron and Steel Group-1.8994 million mt in July, up 300,000 mt or 18.7 percent; 12.6102 million mt in January-July, up 1.3883 million mt or 12.37 percent;
Shagang Group-1.5743 million mt in July, up 44,800 mt or 2.9 percent; 11.2523 million mt in January-July, up 658,400 mt or 6.2 percent.
All comparisons are with the same period last year.

The top three companies as regards pig iron output growth rate in the January-July period:
Delong Iron and Steel Co., Ltd-1.8392 million mt, up 823,100mt or 81 percent.
Rizhao Iron and Steel Group-6.0791 million mt, rising by 2.1216 million mt or 53.6 percent.
Tonggang Iron and Steel Group-3.7726 million mt, an increase of 1.2915 million mt or 52.1 percent.

The last three companies in terms of pig iron output growth rate in the January-July period:
Shougang Iron and Steel Group-7.1098 million mt, dropping 1.4345 million mt or 16.8 percent.
Longmen Iron and Steel Group-1.115 million mt, down 221,300 mt or 16.6 percent.
Prospering Metallurgical Industry-535,000mt, decreasing by 75,400 mt or 12.4 percent.

Top five companies as regards crude steel production:
Hebei Iron and Steel Group-3.0721 million mt in July, up 442,000 mt or 16.8 percent; 20.4702 million mt in January-July, increasing by 2.546 million mt or 14.2 percent.
Bao Iron and Steel Group-2.5023 million mt in July, a rise of 249,200 mt or 11.1 percent; 17.5271 million metric tons in January-July, increasing by 1.5193 million mt or 14.2 percent.
Shagang Iron and Steel Group-2.0285 million mt in July, up 187,900 mt or 10.2 percent; 13.9938 million mt in January-July, up 974,000 mt or 7.5 percent.
Wuhan Iron and Steel Group-1.989 million mt in July, a rise of 308,000 mt or 18.3 percent; 13.2531 million mt in January-July, a rise of 1.5845 million mt or 13.6 percent.
Anben Iron and Steel Group-1.9174 million mt in July, down 418,000 mt or 2.1 percent; 13.9579 million mt, up 199,100 mt or 1.5 percent.

Top three companies as regards the crude steel production during January-July:
Rizhao Iron and Steel Group-6.0242 million mt, an increase of 2.1792 million mt or 56.7 percent.
Jingye Iron and Steel Group-2.0361 million mt, up 650,500 mt or 47 percent.
Guofeng Iron and Steel Group-4.089 million mt, increasing by 199,100 mt or 1.5 percent.
All comparisons are with the same period last year.

Last three companies as regards crude steel output growth in the January-July period are as follows:
Hebei Dongshan Metallurgy Industry Co., Ltd.-503,100 mt, down 264,700 mt or 34.5 percent;
Shougang Group- 7.3674 million mt, down 1.5027 million mt or 16.9 percent;
Shaanxi Longmen Iron & Steel Group-1.1288 million mt, down 225,200 mt or 16.6 percent;
All compared with the same period last year.
 
Top five companies in terms of steel products output are as follows:
Hebei Iron & Steel Group-2.6386 million mt in July, up 118,400 mt or 4.7 percent; 18.2013 million mt in January-July, up 1.768 million mt or 10.8 percent.
Baosteel Group-2.3702 million mt in July, up 2,800 mt; 17.3016 million mt in January-July, up 1.5189 million mt or 9.6 percent.
Wuhan Iron and Steel Group-1.9443 million mt in July, up 379,600 mt or 24.3 percent; 12.5538 million mt in January-July, up 1.4784 million mt or 13.4 percent;
Anben Iron & Steel Group-1.9024 million mt in July, up 34,900 mt or 1.9 percent; 13.1477 million mt in January-July, up 232,800 mt or 1.8 percent;
Shagang Group-1.8298 million mt in July, up 99,600 mt or 5.8 percent; 12.4939 million mt in January-July, up 1.0213 million mt or 8.9 percent.
All comparisons are with the same period last year.

Top three companies regarding steel products output growth during the January-July period are as follows:
Tianjin Tiantie Metallurgy Group-2.2269 million mt, up 967,300 mt or 76.8 percent.
Rizhao Steel Holding Group-5.3076 million mt, up 2.1858 million mt or 70 percent.
Hebei Jingye Group-1.6746 million mt, up 461,600 mt or 38.1 percent.
All compared with the same period last year.

Last three companies as regards steel products output growth during the January-July period are as follows:
Shanxi Haixin Iron &Steel Group-1.0289 million mt, down 353,300 mt or 25.6 percent.
Jiangsu Xixing Steel-154,200 mt, down 40,200 mt or 20.68 percent.
Shannxi Lueyang Steel-104,800 mt, down 20,600 mt or 16.4 percent.
All compared with the same period last year.


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