Monthly steel production fell below 80 million tons again in September, the same as in July - for the first time this year - and in August, while production decreased by 4.6 percent compared to August. Due to the military parade in Beijing on September 3 and the National Day holiday (October 1-8), the demand for steel decreased, which led to a decrease in steel production in September.
In January-September of this year, China's production of pig iron, crude steel and finished steel amounted to 645.86 million tons, 746.25 million tons and 1.10385 billion tons. million tons, decreased by 1.1 percent, decreased by 2.9 percent and increased by 5.4 percent year-on-year, respectively.
Steel production increased in October. The China Association of Metallurgy and Steel (CISA) announced that in early October (October 1-10) this year, the average combined daily crude steel production by large and medium-sized steel enterprises in China - by all CISA members - amounted to 2.032 million tons, which is 7.5 percent more than at the end of September (September 21-30).