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Mongolia’s exports of coal, including bituminous coal and lignite, over January-August grew by 1.4% on year to reach 23.8 million tonnes, according to Mongolia’s National Statistics Office. The result finally brought an end to seven months of year-to-date declines, the data show.
For August alone, the country’s coal exports increased 17%
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China produced 64.66 million tonnes of run-of-mine (ROM) iron ore during August, representing a decline of just 0.16% or 101,000 tonnes on month, according to the latest data from China’s National Bureau of Statistics released on September 18. Chiefly responsible for this decrease was the dip of ROM iron ore
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China’s rebar output in August rose by a tiny 0.7% on year to 18.07 million tonnes, according to the latest National Bureau of Statistics data released on September 18. The August result took total rebar output during January-August to 134 million tonnes, higher by 4.4% on year.
August output was also
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The buying habits of Chinese steel mills have evolved. They have turned to port stocks for the procurement of iron ore. Small to mid-size mills now manage price volatility of iron ore by buying at smaller quantities from the portside traders instead of seaborne cargoes.
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China’s pig iron production in August reversed down 855,000 tonnes or 1.3% on month to 66.66 million tonnes but it levelled the volume a year ago, according to the latest data released by the country’s National Bureau of Statistics on September 14.
Mysteel’s survey among the 247 blast-furnace steel producers nationwide
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China’s fixed asset investment (excluding rural households) grew by 5.3% on year to Yuan 41.5trillion ($6.1trillion) during January to August this year, according to the latest data released by China’s National Bureau of Statistics on September14. Though FAI spending continues to increase, the NBS data show the growth rate slowing
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China’s August iron ore imports remained largely stable at 89.4 million tonnes, or merely down 0.7% on month, and the country’s iron ore imports in the first eight months totalled 710 million tonnes, according to the statistics released by China’s General Administration of Customs on September 8.
For August, the year-on-year
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The Purchasing Managers’ Index for the steel sector in North China’s Hebei province reversed up 3 basis points month on month to 48.8 in August, which was mainly because of improvement in new orders, according to latest release from Hebei Metallurgical Industry Association (HMIA) on September 1.
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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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China’s ferrous smelting and processing sector continued to reap considerable profits during January to July with industrial profits soaring 97.8% on year to Yuan 230.5 billion ($33.9 billion), according to latest release from China’s National Bureau of Statistics on August 27.
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Production of the four major home appliances in July among Chinese makers saw two divergent trends emerge, with output of air conditioners and televisions up on year, while that of refrigerators and washing machines showing year on year declines, according to new data released by China’s National Bureau of Statistics (NBS).
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China’s shipbuilders enjoyed a phenomenal 81.6% on-year surge in new vessel orders during January-July to reach the equivalent of 24.04 million deadweight tonnes, according to the latest statistics from China Association of the National Shipbuilding Industry (CANSI) released on August 17. As at the end of July, China’s shipyards still held a backlog of new orders totalling 89.5 million DWT, up 11.4% year on year, CANSI said.
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China’s fixed asset investment (excluding rural households) grew by 5.5% on year to Yuan 35.6 trillion ($5.2 trillion) over January to July, according to the latest data released by China’s National Bureau of Statistics on August 14. Growth in the country’s FAI was off by 0.5 percentage point from the level witnessed during January-June and was also the slowest since 1999, NBS said.
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Pig iron production in China in July rose by 2.5% on month and by 4.2% on year to 67.5 million tonnes, according to the latest data from China's National Bureau of Statistics published on August 14.
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China produced 35.5 million tonnes of coke in July, some 1.7% down on month and 4.3% lower on year, according to data released by China’s National Bureau of Statistics on August 14. The same month, China’s raw coal output dipped 5.5% on month or 2% on year to 281.5 million tonnes, the statistics show.
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Production and sales of automobiles in China declined in July, sliding by 0.7% and 4% on year respectively, according to the latest figures released by the China Association of Automobile Manufacturers (CAAM) on August 10. Unhappily for China’s steelmakers, vehicle output and sales have now declined on-year for two successive months, the CAAM data show.
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China’s imports of metallurgical coal, thermal coal and lignite in July rose by a strong 13.9% on month to 29 million tonnes, according to new data released by China's General Administration of Customs on August 8. Over January-July, total imports were 15% higher on year at 175.2 million tonnes.
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China’s iron ore imports recovered in July, rising by 6.72 million tonnes or 8.1% on month to 89.96 million tonnes, according to the latest release by the country’s General Administration of Customs on August 8.
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The continued strong growth in sales of excavators in China last month, which were up 45% on year, took total sales over the January-July period to 131,246 units, a large 59% improvement on year, according to the latest statistics released by the China Construction Machinery Association (CCMA) on August 6. The CCMA’s survey canvasses the performance of China’s twenty-five leading excavator makers.
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The Purchasing Managers' Index (PMI) for the steel industry in North China's Hebei province dropped by another 2.38 basis points on month to 45.8 in July, hitting a nine-month low, according to an August 1 release by the Hebei Metallurgical Industry Association.
