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In March, aluminum contributed the most to China's production of ten major nonferrous metals with 2.8 million tonnes, or up 4% on year, compared with a total output at 4.5 million tonnes for the ten metals including aluminum, copper, lead, zinc and nickel, or up 3% on year, according to the latest detailed data released by National Bureau of Statistics.
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China mined 66.89 million tonnes of run-of-mine (ROM) iron ore in March, representing a mild decrease of 0.4% on year. Last month's result took total ROM iron ore output over January-March to 189.46 million tonnes, up 1.9% year on year, according to the latest data just released by China's National Bureau of Statistics (NBS).
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Crude steel production in Japan during the fiscal year 2017 ending March 31 slipped by 0.3% on year, or the first annual decline in two years, according to the data released by the Japan Iron & Steel Federation on April 20.
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China's capacity utilization rate across heavy industrial sectors increased 0.7 percentage point year on year to 76.5% for the first quarter of 2018, according to the latest data from the country's National Bureau of Statistics.
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Tertiary industry and consumption have been with growing significance to China's economic development, with both contributing to over 60% of the country's 6.8% gross domestic product growth in the first quarter of 2018, according to an explanatory note by China's National Bureau of Statistics (NBS) on April 19.
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Global steel demand is expected to reach 1.62 billion tonnes in 2018, an increase of 1.8% on year, according to a new forecast issued by the World Steel Association (WSA) in its Short Range Outlook tabled on April 17. The WSA also estimated that world steel demand next year would hit 1.63 billion tonnes, or up 0.7% on year.
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China's consumption and domestic production of gold both continued to decline in this year's first quarter, according to new data released by China's Gold Association (CGA) on April 16.
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China produced 103 million tonnes of coke and 805 million tonnes of coal in the January-March quarter, according to the latest production report from the National Bureau of Statistics (NBS) on April 17. The Q1 coke output total was 3.2% lower on year though the raw coal total was 3.9% up on year, the data shows.
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China's pig iron output in March edged down 1.1% on year to reach 60.46 million tonnes while crude steel output during the same month picked up 4.5% on year to register 73.98 million tonnes, according to the latest output statistics released by China's National Bureau of Statistics (NBS) on April 17.
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China's fixed asset investment registered Yuan 10 trillion ($1.6 trillion) for the first three months of this year, according to the latest data from National Bureau of Statistics published on April 17.
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China's crude steel output continued trending upward in March, climbing by 4.5% year on year to 73.98 million tonnes, according to the latest output statistics released by China's National Bureau of Statistics (NBS) on April 17.
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China's gross domestic product (GDP) for the first quarter climbed by 6.8% to Yuan 19.9 trillion ($3.2 trillion), according to the National Bureau of Statistics (NBS) on April 17.
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China's shipbuilders enjoyed a healthy 180% on-year surge in new vessel orders during the January-March quarter of this year to 15.5 million DWT (deadweight tons), according to the latest statistics released by China Association of the National Shipbuilding Industry (CANSI) on April 13.
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Steel mills in Hebei province, North China, enjoyed excellent business during the first two months of this year, with their profits skyrocketing 54% on year to a combined total of Yuan 9.8 billion ($1.6 billion), according to a post on the Hebei provincial government's website on April 13. The average profit margin of the steelmakers included in Hebei's sample also rose by two percentage points on year to 6.31%, according to the post.
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China's March finished steel exports surged by 804,000 tonnes or 16.6% month on month to 5.65 million tonnes, according to the latest statistics released by China's General Administration of Customs on April 13.
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China's March iron ore imports climbed by 1.5 million tonnes or 1.8% month on month to 85.8 million tonnes, according to the latest statistics released by the country's General Administration of Customs on April 13.
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The global market for seaborne iron ore will be "well-supplied" this year as iron ore exports are expected to grow by nearly 5% in 2018 - higher than the projected demand increase from major iron ore importers, according to a forecast by the Australian Government's Department of Industry, Innovation and Science.
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Sales of excavators in China in March leapt by 78.9% on year to 38,261 units, according to the latest statistics released by China Construction Machinery Association (CCMA) on April 8. Last month's total was the highest for any March since March 2011, the data show. CCMA's survey canvasses the performance of China's twenty-five leading excavator makers.
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Prices of metallurgical coke in North China's Hebei province saw another round of declines over the week of April 2-8, losing Yuan 25-60/tonne ($4-9.5/t) mainly due to local steelmakers becoming cautious about buying coke when domestic steel prices continue to soften, market sources said on Sunday.
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Brazil's iron ore exports dropped 17.7% on year to nearly 30 million tonnes in March, which could do with miners' less-than-expected production or change of business strategy, and price slumps, market sources shared their understandings.
