Vice Chairman of the China Iron and Steel Association He Wenbo said strong domestic demand this year has supported iron and steel production in China and production support is expected to be sustained. In the first eight months of this year, pig iron and steel production increased by 55.51 million tonnes, mostly consumed domestically, as net exports fell 952,000 tonnes from a year earlier, according to CISA data. About two-thirds of the increase in production went to construction.
CISA data also showed that in January-August, China produced about 665 million tons of steel, which is 9.1% more than in the same period last year. Production at CISA plants rose 5.91%, while production at non-CISA plants increased by 19.38% YoY.
In January-August, China produced 55.51 million tons of steel more - CISA
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