In August this year, China’s outputs of pig iron, crude steel and finished steel totaled 69.79 million mt, 77.37 million mt and 122.77 million mt, increasing by 1.0 percent, declining by 0.7 percent and rising by 9.7 percent year on year, while down 1.43 percent, 2.87 percent and 0.15 percent month on month, respectively, as announced by China's National Bureau of Statistics (NBS).
Monthly steel oil production fell below the 80 million ton mark in August, as it was in July for the first time this year, and August production decreased by 2.87 percent compared to July. Production cuts in Tianjin and Tangshan amid the approach of the military parade in Beijing on September 3 contributed to a decrease in crude steel production in August, while high temperatures in the traditional off-season and weak demand also led to a decrease in output in this month.
. In the January tual. 671.81 million Tons and 982.17 million . Tons, decreasing by 1.1 percent, decreasing by 2.8 percent and increasing by 5.5 percent year on year, respectively.
The Chinese Iron and Steel Association (CISA) announced that at the end of August 21-31 this year, the average daily steel in total numerical steel. 1,947 million Tons, by 8.0 percent compared to the middle of August (August 11-20) this year
