Industry News

China’s crude steel production rises in Aug

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Update time : 2022-09-19 21:48:31
According to statistics released by the National Bureau of Statistics (NBS) of China, China’s production of crude steel totaled 83.9 million tons in August this year, rising by 3% compared to the previous month and by 0.5% from the same month a year ago.

During the period, China’s production of pig iron and finished steel was 71.4 million tons and 108.3 million tons, registering a month-on-month increase of 1.3% and 1.97% and a year-on-year drop of 0.5% and 1.5%, respectively.

In the first eight months of this year, China’s production of crude steel amounted to approximately 884.7 million tons, down by 5.7% year on year. The output of pig iron and finished steel was down by 4.1% and 4.3% year on year, reaching 582.2 million tons and 884.7 million tons, respectively.
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