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China’s daily crude steel output continued to slide in
August, losing another 1.1% month on month to an average of 2.59 million
tonnes/day, Mysteel calculated basing on the latest data released by the
National Bureau of Statistics (NBS) on September 14.
For the whole August, China’s crude steel output was
recorded at 80.3 million tonnes,
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This winter, work on construction sites in North China is likely to slow or be suspended no earlier than the traditional beginning of the season – around November 15 – in line with government-backed efforts to reduce dust and other sources of atmospheric pollution, Mysteel has learned.
“We haven’t received any
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The daily
crude steel output among China’s major steel mills reversed up by 0.4% or 6,700
t/d over ten days to 1.9 million tonnes/day on average during August 21-31,
according to the latest data released by China Iron and Steel Association
(CISA) on September 11.
CISA, basing
on the output of its 97 steel mill members,
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The Purchasing Managers’ Index for China’s domestic steel industry declined in August, albeit by a tiny 1.4 basis points on month, to 53.4, according to index compiler, CFLP Steel Logistics Professional Committee. Nevertheless, though still in positive territory this brought an end to a five-month run of increases, showing that the sector’s growth pace has slowed down, CSLPC said. The result was still above the threshold of 50 connoting growth, Mysteel notes.
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China’s Purchasing Managers’ Index (PMI) for the manufacturing industry nudged up 0.1 basis point on month to 51.3 for August, or staying above the benchmark 50 for the 25th successive month, indicating a continuing expansion, according to the latest release by China’s National Bureau of Statistics on August 31.
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The daily crude steel output among China’s major steel mills over August 11-20 reversed down by 2.2% or 42,000 t/d over the previous ten days to 1.9 million tonnes/day on average, according to the latest data released by the China Iron and Steel Association (CISA) on Friday.
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China’s daily crude steel output is thought to have picked up slightly over August 11-20 from the previous ten days – albeit by a miniscule 0.1% – to average 2.29 million tonnes/day, according to the findings of Mysteel’s latest survey among 348 Chinese mills released on August 21. The latest result reversed the slide of 0.7% in average daily output recorded over August 1-10 to 2.28 million t/d, as Mysteel reported.
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China’s daily crude steel output during August 1-10 averaged 1.94 million tonnes/day, up by 1.6% or 29,600 t/d from the last eleven days in July, according to the latest data released by China Iron and Steel Association (CISA) on August 17. The latest result reversed the slide of 2.5% in average daily output recorded over July 21-31 to 1.91 million t/d, as Mysteel reported.
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China’s daily crude steel output last month failed to reach the all-time-high set in June, albeit not by much, losing 2% on month to an average of 2.62 million tonnes/day, the same average recorded in May, according to the latest data released by the National Bureau of Statistics (NBS) on August 14. The June average was 2.67 million t/d.
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Daily crude steel output among China’s major steel mills over July 21-31 averaged 1.91 million tonnes/day, lower by 2.5% or 49,000 t/d from the average during the ten days prior, according to the latest data released by the China Iron and Steel Association (CISA) on Friday.
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China exported a total of 5.88 million tonnes of finished steel products in July, the latest data released by China’s General Administration of Customs (GACC) showed on August 8.
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Steelmakers in Tangshan city in North China’s Hebei province, already weighed down by production constraints in force during July 20 to August 31, have been ordered to implement stricter curbs to 50% of operative capacity of their sintering, shaft furnace and lime kiln facilities during August 1-5, a Tangshan-based industry source confirmed on August 1. From August 6 onwards, the mills will revert to the level of reductions proscribed in the current schedule.
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The Purchasing Managers’ Index for China’s domestic steel industry saw a surprising jump of 3.2 basis points on month to 54.8 in July, showing the sector has expanded now for five straight months, according to index compiler, CFLP Steel Logistics Professional Committee (CSLPC).
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China’s Purchasing Managers’ Index (PMI) for the manufacturing industry stayed above the benchmark 50 for the 24th successive month for July, indicating a continuing expansion, though the it fell by 0.3 basis point on month to 51.2, according to the latest release by China’s National Bureau of Statistics on July 31.
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Daily crude steel output among China’s major steel mills inched down by 0.92% or by just 18,100 tonnes/day from the preceding ten days to around 1.96 million t/d over July 11-20, according to the latest figures released by the China Iron and Steel Association (CISA) on July 30.
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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.
