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China’s fixed asset investment (excluding rural households) increased by 5.7% on year to Yuan 54.76 trillion ($7.9 trillion) during the January-October period, according to the latest data from China’s National Bureau of Statistics released on November 14. The yearly FAI growth was up by another 0.3 percentage point from that during the first nine months.
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China’s daily steel output for October declined marginally on month to 2.66 million tonnes/day, though full-month production was 2.1% higher than September at 82.6 million tonnes, according to the latest data released by the National Bureau of Statistics (NBS) on November 14.
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China’s daily crude steel output among the 97-member mills of the China Iron & Steel Association (CISA) continued to drop last month, with production over the October 21-31 period decreasing by 2.3% or 45,000 tonnes/day from the preceding ten days to 1.91 million tonnes/day, the latest CISA data showed on Monday.
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Tangshan’s steelmakers in North China’s Hebei province were informed by city authorities on October 31 that new emergency production restrictions were being placed on their sintering plants over October 31-November 5, as the China Meteorological Administration had warned that weather patterns indicate smog will likely hang in the atmosphere rather than dissipate during the period.
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Average daily crude steel output among the 97 member-mills of the China Iron & Steel Association (CISA) dropped to 1.95 million tonnes/day over October 11-20, lower by 1.83% or 36,300 t/d from the preceding ten days, data from CISA showed on Tuesday. The association gave no estimate of the total daily average of all steelmakers – CISA and non-CISA mills – nationwide over the ten days, however.
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Daily crude steel output among the 97 mill members of the China Iron & Steel Association (CISA) edged up by another 0.13% over October 1-10 from the previous ten days to some 1.987 million tonnes/day, according to CISA’s latest release.
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China’s fixed asset investment (excluding rural households) increased by 5.4% on year to Yuan 48.3 trillion ($7 trillion) during the January-September period, according to the latest data from China’s National Bureau of Statistics released on October 19. The yearly FAI growth was up by a slight 0.1 percentage point from that over the first eight months, Mysteel noted.
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China’s economic growth was largely stable over the first three quarters of 2018, with the gross domestic product (GDP) at Yuan 65.1 trillion ($9.4 trillion), up 6.7% on year, according to the latest figures from the National Bureau of Statistics (NBS) released on October 19.
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China’s daily steel output for September hit a new high at 2.7 million tonnes/day, with the monthly output up 7.5% on year or 0.6% higher than August to 80.9 million tonnes, according to the latest data released by the National Bureau of Statistics (NBS) on October 19.
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The World Steel Association (worldsteel) has tapped Andre Gerdau Johannpeter, Executive Vice Chairman of Gerdau S.A., as the organization’s new chairman, replacing Nippon Steel & Sumitomo Metal Corp president Kosei Shindo, worldsteel announced at the 2018 General Assembly in Tokyo on October 16.
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The slowdown in growth in global steel demand shared Tuesday by the World Steel Organization (worldsteel) for 2019 in its short-range outlook is mainly because of anticipated slowdown in Chinese demand but the global steel body warns against pessimism. “China is also a positive view,” stressed worldsteel's Director General Edwin Basson. “If there is a risk (in our forecast for China), it is that China will outperform.”
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World Steel Association (worldsteel) expects global finished steel demand to grow by 3.9% this year to 1.658 billion tonnes and to reach 1.681 billion tonnes in 2019 though on a slower 1.4% year-on-year growth, according to its latest short-range outlook for the global steel market for 2018-2019 issued on October 16 at its 2018 General Assembly in Tokyo.
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Given the turbulence that global steel trade has encountered during the first ten months of 2018, the atmosphere surrounding the 2018 General Assembly of the World Steel Association (worldsteel) in Tokyo this week might have been frosty.
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Daily crude steel output among the
steel mill members of the China Iron & Steel Association (CISA) remained
largely steady by being up merely 0.1% or 1,400 tonnes/day over ten days to around
1.985 million t/d over September 21-30, according to CISA’s latest statistics
released on October 15.
CISA, surprisingly, did not release
its estimation on
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The daily crude steel output among its
97 steel mill members grew further by 0.6% or 11,000 tonnes/day over ten days
to around 1.98 million t/d on average over September 11-20, according to the
latest statistics released by the China Iron and Steel Association (CISA) on
September 29, partly due to their persistent efforts
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Daily crude steel output among China’s major steelmakers climbed
by 3.7% or 70,000 tonnes/day from the previous 11
days to 1.97 million t/d on average for September 1-10, according to the latest
data from the China Iron and Steel Association (CISA) on September 21.
CISA’s survey among its 97 member-mills found that the
notable increase
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BHP will revise its iron ore product structure to cater to the changes in demand from the Chinese steel mills, including producing more higher-grade iron ore fines and lumps via its South Flank mine, Rod Dukino, general manager iron ore sales of BHP, said at the 18th China International Steel
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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,
