The Chinese Association (CISA) said today that in the first decade of February this year, the average total daily production volume of steel at large and medium metallurgical enterprises in China increased by 6.1% with respect to the previous decade (from the 21st to January 31) and amounted to 1 million 701 thousand 400 tons.
If we take the average average daily production of steel at all China’s instructions without exception, then, according to the association, 1 million 988 thousand 900 tons, which is 4.4% more than at the end of January 2013.
The growth of steel production at the beginning of this month indicates the unprecedented enthusiasm of Chinese metallurgists awaiting growth in metal distribution orders and dreaming of increasing steel prices. Meanwhile, as we have already reported, just yesterday, an unexpected fall occurred in the Chinese domestic market - a decrease in the main price of prices for metal rolling reached 22 points due to a significant excess of supply over demand.
The average daily production of steel in China increased by another 4.4%
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Azovpromstal® 23 February 2013 г. 12:52 |
