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China’s crude steel output rose at a fast pace of 10.1% on year over January-April to reach some 315 million tonnes, according to the latest statistics released by the country’s National Bureau of Statistics (NBS) on May 15.
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China’s fixed asset investment (excluding rural households) over January to April grew by a healthy 6.1% on year to Yuan 15.57 trillion ($2.3 trillion), though growth over the four months slowed by 0.2 percentage point compared with January-March, according to new data from China’s National Bureau of Statistics released on May 15.
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China's fixed asset investment in general grew 6.1% on year to Yuan 15.57trillion ($2.3trillion) for January-April and the funding into the property market went up 11.9% on year to Yuan 3.4 trillion during the period. A detailed story will be posted soon.
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China's crude steel output grew 10.1% on year to nearly 315 million tonnes with the April volume up 12.7% year on year to about 85 million tonnes. A detailed report will be posted soon.
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China will raise the tariffs on some of the $60 billion worth of the US goods to a maximum of 25% starting June 1, according to an announcement from Customs Tariff Commission of the State Council on the evening of May 13 Beijing time.
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China deeply regrets that the US government has decided to hike the tariffs on the $200 billion worth of Chinese products to 25% from existing 10%, and will have to take countermeasures, China's Ministry of Commerce issued the statement on the midday of May 10.
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China’s steel demand from key consuming sectors such as the property market and infrastructure construction is expected to remain stable for the rest of 2019, Wu Jingjing from the China Iron & Steel Association (CISA) shared at the Singapore Iron Ore Week 2019 forum in the city-state on May 9.
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China's steel exports rose 8.3% on year to 23.35 million tonnes for January-April. A detailed report will be posted soon.
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Daily crude steel output among the 97 major steelworks members of the China Iron and Steel Association (CISA) continued to increase during April 11-20, rising by 2.6% or 50,700 tonnes from the first ten days in April to 2.01 million tonnes/day on average, according to CISA’s latest data released on April 30.
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The Purchasing Managers’ Index (PMI) for China’s manufacturing industry nudged down 0.4 basis point on month to 50.1 for April, just above the threshold of 50 connoting expansion, according to Tuesday’s official release from China’s National Bureau of Statistics.
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China should be alert to overcapacity in its nonferrous metals recycling sector, especially when availability of waste materials and scrap resources will reduce substantially going forward, due to the country’s restrictions on waste materials imports, Shang Fushan, vice chairman of China Nonferrous Metals Industry Association (CNIA) warned at the 12th China International Metal Recycling Conference 2019 in Zhuhai, South China’s Guangdong province on April 25.
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Daily crude steel output among the 97 major steelworks members of the China Iron and Steel Association (CISA) reversed up by 6.6% or 120,400 tonnes during April 1-10 to 1.96 million tonnes/day on average, compared with the March 21-31 period, according to CISA’s latest data released on April 23.
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China’s fixed asset investment in the domestic property market rose by 11.8% year on year to Yuan 2.38 trillion ($355.2 billion) over January-March, though the rate of growth was only 0.2 percentage point higher from that during January-February, according to the latest data from China’s National Bureau of Statistics published on April 17.
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China’s crude steel output rose at a faster pace of 9.9% on year over January-March to about 231 million tonnes, according to the latest statistics released by the country’s National Bureau of Statistics (NBS) on April 17,
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China’s fixed asset investment (excluding rural households) increased 6.3% on year to Yuan 10.2 trillion ($1.5 trillion) over January-March, with the growth rate up 0.2 percentage point from that for January-February, according to the latest data from the country’s National Bureau of Statistics (NBS) on April 17.
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China’s gross domestic product (GDP) grew 6.4% on year to Yuan 21.3 trillion ($3.2 trillion) for the first quarter of 2019, kicking off the year with a positive and steady note, according to the latest release by the country’s National Bureau of Statistics (NBS) on April 17.
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China's crude steel output grew 9.9% year on year to 231 million tonnes for January-March. A detailed report will be posted soon.
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China's fixed asset investment in the property market went up 11.8% on year to Yuan 2.38trillion ($355 billion) over January-March. A detailed report will be posted soon.
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China's GDP grew 6.4% on year in the first quarter of 2019, falling in its annual target at 6%-6.5% for the whole 2019. A detailed report will be posted.
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China's fixed asset investment in general grew 6.3% on year to Yuan 10.2 trillion ($1.5 trillion) for January-March. A detailed story will be posted soon.
