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At a closed-door conference held in Beijing on November 29, Chinese government bodies including the Ministry of Ecology and Environment finally approved new classification standards for the country’s steel scrap sector. Though the details are yet to be released, the new standards classify categories of steel scrap and are comparable to those in use internationally, paving the way for China to re-open its ports to approved types of foreign steel scrap, Mysteel Global notes.
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China’s Purchasing Managers’ Index (PMI) for its manufacturing industry recovered by 0.7 basis point on month to 52.1 for November, or above the benchmark of 50 for the ninth month, indicating the pick-up in pace of recovery in the country's manufacturing sector, according to the latest release from the country's
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China’s Purchasing Managers’ Index (PMI) for the steel industry rose by 3.5 basis points on month to 49.3 for November, with both demand and supply having shown signs of further growths for the second month, according to the latest release from the CFLP Steel Logistics Professional Committee. A detailed report
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China's fixed asset investment grew 1.8% on year over January-October, or 1 percentage point higher than that for the first three quarters, among which, the funding in the property grew 6.3% on year or 0.7 percentage point higher than the gain over January-September, according to the latest release by the
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China's crude steel output grew 5.5% on year to about 874 million tonnes over January-October, with the output for October alone up 12.7% on year to 92.2 million tonnes, according to the latest release by the country's National Bureau of Statistics. A detailed report will be posted soon.
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China Baowu Steel Group, the top steel mill in China and almost matching ArcelorMittal globally in production capacity, has passed the final hurdle towards getting a 51% stake in Taiyuan Iron & Steel Group (TISCO), with the final approval of the related authorities, and this will also enable it to soon pass the targeted 100 million tonnes/year installed capacity one year in advance, Mysteel Global understands
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China’s Purchasing Managers’ Index (PMI) for its manufacturing industry remained largely stable on month, down merely 0.1 basis point to 51.4 for October, or having stayed in the expansion zone for the eighth month, confirming the continuing improvement in the sector, Zhao Qinghe, the senior statistician from the country’s National Bureau of Statistics (NBS) highlighted in his latest analysis.
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Over January-September, China’s fixed asset investment (FAI) returned to the positive zone, up 0.8% on year against the 0.3% on-year dip for January-August, and the funding in the domestic property market grew faster at 5.6% on year, according to the release by the country’s National Bureau of Statistics on October 19, both confirming a steady recovery in the Chinese economy.
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Over January-September, China’s fixed asset investment (FAI) increased 0.8% on year, back to the positive zone, and the funding in the domestic property market grew faster at 5.6% on year, according to the latest release from the country's National Bureau of Statistics. A detailed report will be posted soon.
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By the end of September, China's gross domestic product (GDP) returned to the positive zone, gaining 0.7% on year over January-September, as the GDP improved further in the third quarter, up 4.9% on year or 2.7% higher on quarter, according to the official release from the country's National Bureau of
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China's crude steel output grew 4.5% on year to about 782 million tonnes over January-September, according to the latest release by the country's National Bureau of Statistics.A detailed report will be posted soon.
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China exported a total of 40.4 million tonnes of finished steel products over January-September, down more steeply by 19.6% on year than the 18.6% on-year reduction for the first eight months, while its steel imports surged faster by 72.2% on year to 15.1 million tonnes, according to the latest release by China’s General Administration of Customs on October 13.
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China's iron ore imports approximated 848.5 million tonnes over January-September, or up 10.8% on year, among which the volume for September was at 108.6 million tonnes, or up 8.2% on month, according to the latest statistics from the country's General Administration of Customs. A detailed report will be posted
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China’s steel exports totaled 40.4 million tonnes over January-September, down more steeply by 19.6% on year than the first eight months. In contrast, the country’s steel imports increased by a larger 72.2% on year to 15.1 million tonnes over the same period, according to the latest statistics from China’s General
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China’s imports of coal and lignite slid by 9.6% on month to 18.7 million tonnes in September, and the import volume totalled 239.4 million tonnes over January-September, down 4.4% on year,according to the latest statistics from the country’s General Administration of Customs. A detailed report will be posted soon.
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China’s Purchasing Managers’ Index (PMI) for the manufacturing industry rebounded by 0.5 basis point to 51.5 in September after a slight dip in August, indicating that performance of the manufacturing industry improved this month, according to the latest release of China’s National Bureau of Statistics (NBS) on September 30.
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The daily steel output among the member mills of the China Iron & Steel Association (CISA) over September 1-10 declined at a faster rate of 1.1% from the last eleven days of August to 2.14 million tonnes/day on average, though the year-on-year comparison still posted a gain of 6.7%, according to the latest release by CISA on September 14.
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Over January-August, China’s fixed asset investment (FAI) still declined but by just 0.3% on year against the 1.6% on-year drop for the first seven months, and the funding in the domestic property market grew much faster at 4.6% on year, confirming the steady recovery in the Chinese economy, according to the release by the country’s National Bureau of Statistics on September 15.
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Over January-August,China’s fixed asset investment (FAI) still declined on year but narrowed to0.3%, and the funding in the domestic property market grew faster by4.6%on year, according to the latest release from the country's National Bureau of Statistics. A detailed report will be posted soon.
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China's crude steel output grew 3.7% on year to about 689 million tonnes over January-August, according to the latest release from the country's National Bureau of Statistics.A detailed report will be posted soon.
