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For the first half of 2018, China's crude steel output grew 6% on year to 451 million tonnes, and the daily steel production hit a new high at 2.67 million tonnes/year for June, according to the latest data released by the National Bureau of Statistics (NBS) on July 16.
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China's daily crude steel output among the 97 member mills of the China Iron & Steel Association (CISA) reversed down by 36,000 tonnes/day or 1.8% from the previous ten days to 1.96 million t/d over June 21-30, according to CISA's latest release on July 12.
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The first typhoon of this summer - Typhoon Maria - landed in Fujian province, South China on Wednesday morning, with the heavy rains and strong winds disrupting local steel markets, industry sources told Mysteel on Wednesday.
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The Tangshan government in North China's Hebei province has requested all its steel mills to curtail their coking, sintering and blast furnace capacities over July 10-31 tentatively to improve the air quality as Hebei province posted worsened air pollution in the past couple of months, local steel market sources confirmed on July 10.
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The additional tariffs that US Customs intends to impose on China-origin goods will backfire on the United States if the penalties are imposed as scheduled on July 6, China's Ministry of Commerce spokesman Gao Feng told media at the ministry's regular press conference on Thursday.
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China's daily crude steel output increased by a tiny 0.4% or 10,000 tonnes/day during June 11-20 from the preceding ten days to average 2.53 million t/d, according to new data published by the China Iron & Steel Association (CISA) on July 4.
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China's daily crude steel output edged up by 1.32% or 33,000 tonnes/day during June 1-10 from the preceding eleven days to average 2.52 million t/d, according to the latest data published by the China Iron & Steel Association (CISA) on June 25.
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China’s daily crude steel output hit 2.62 million tonnes/day in May for a new record high, based on the latest data released by the National Bureau of Statistics (NBS) on June 14. The May result surpassed the previous high of 2.56 million t/d set only in April.
Full-month raw steel output
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China's daily crude steel output nationwide during May 21-31 was estimated at 2.49 million tonnes/day, which reversed down from the previous ten days by 1.9% or 48,400 t/d, according to the latest data released by the China Iron & Steel Association (CISA) on June 12.
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China's exports of steel reached a monthly record of 6.88 million tonnes in May, an increase of 6% or 410,000 tonnes from April, according to the latest figures released by China's General Administration of Customs on June 8.
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The most-traded copper contract on the Shanghai Futures Exchange (SHFE) for August reached Yuan 54,160/t/tonne ($8,597/t) as of June 7 to hit a 3.5-month high, with the closing price up Yuan 2,660/t or 5% on month.
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The Hebei Purchasing Managers' Index (PMI) for the local steel industry inched up 0.6 of a basis point on month to 50.8 in May, according to the latest release from the Hebei Metallurgical Industry Association tabled on June 4. The reading marked the second month in succession that the result was above the threshold of 50 which connotes growth - a good result for China's largest steelmaking province. Hebei's steel PMI for May was also 0.2 basis point higher than the country's overall steel PMI for last month, Mysteel notes.
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China's daily crude steel output is thought to have risen by 2.2% over May 21-31 from the previous ten days to reach 2.31 million tonnes/day, according to the findings of Mysteel's latest survey among 348 Chinese mills.
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China's daily crude steel output surged by 2.7% or 65,000 tonnes/day during May 11-20 from the preceding ten days to average 2.53 million t/d and refreshing the record yet again, according to the latest data published by the China Iron & Steel Association (CISA) on May 31.
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China's steel output will be hovering at the peak volume with modest changes annually for the next few years, Liu Zhenjiang, Secretary General of the China Iron & Steel Association (CISA) said at the Singapore Iron Ore Forum on May 24.
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China imported 130,000 tonnes of aluminum scrap in April, down 28% on month and off 23% on year, according to the latest data from the General Administration of Customs released on May 23. The April result took the total for the first four months of this year to 620,000 tonnes, a decline of 11% from last year.
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China's daily crude steel output nationwide during the period of May 1-10 was estimated at 2.47 million tonnes/day, up 1.3% or 32,000 tonnes/day from the previous ten days, according to the latest released from China Iron and Steel Association (CISA) on May 22.
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Chinese output of primary aluminum in April reached 2.77 million tonnes, inching up by just 1% on year, according to the latest detailed data released by the National Bureau of Statistics on May 15. Aluminum is the most important by volume of China's ten major nonferrous metals so its mediocre performance in April kept production growth of all ten including copper, lead, zinc and nickel to just 3% on year at 4.54 million tonnes.
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China's daily crude steel output for April hit a record high at 2.557 million tonnes/day basing on the latest data released by China's National Bureau of Statistics on May 15, but it is not as alarming as it sounded, as domestic steel market and prices have so far been holding well, according to the market sources.
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China's daily crude steel output nationwide on April 21-30 was estimated at 2.437 million tonnes/day, up merely 0.01% from the previous ten days but sufficient for it to hit a nearly one-year high, according to the latest data released by the China Iron and Steel Association (CISA) on May 14.
