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In September, Japan's steel exports of all kinds approximated 2.94 million tonnes, up 19.2% on year and 0.7% higher on month, according to the preliminary data released by Japan's Ministry of Finance on October 20, which may have been maximum volume that Japanese steel mills could allocate for overseas sales, sources shared.
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China's total energy consumption continued growing over January-September, rising by 7.3% on year, according to data from China's National Bureau of Statistics (NBS) published on October 19. However, affected by energy use and intensity control, the growth slowed by 7.3 percentage points and 3.2 percentage points from Q1 and H1 respectively. Meanwhile, the country's energy consumption per GDP unit – or energy intensity – dropped 2.3% on year, which was wider by 0.3 percentage point from H1.
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The Purchasing Managers’ Index for the steel industry in North China’s Hebei province, the country’s top steel production base, retreated for the second month in September to a 19-month low of 43, lower by another 4.3 basis point on month, according to the latest release by the Hebei Metallurgical Industry Association on its website.
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In August, Japan’s finished carbon steel sales both at home and abroad rose by 7.3% on year to about 4.93 million tonnes, and the volume for January-August added up to 40.58 million tonnes, or up 12.2% on year, according to the release by the Japan Iron & Steel Federation (JISF) on October 18, illustrating better demand in and out of the country, a JISF official commented.
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For November domestic sales, Tokyo Steel Manufacturing, Japan’s leading electric-arc-furnace producer, has decided to raise its longs and plate list prices by Yen 3,000-5,000/tonne ($26-44/t) to reflect the supply tightness and transfer some of the rising costs, while the others have been flat on month, according to its announcement on October 18.
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For the July-September quarter, capacity utilization rate among China’s industrial enterprises averaged 77.1%, up 0.4 percentage point on year but down 1.3 percentage points on quarter, partly as ferrous and nonferrous smelting and fabrication plants and automakers posted on-year declines, according to the release by the country’s National Bureau of Statistics (NBS) on October 18.
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China's pig iron output over the January-September period posted an on-year decline of 1.3% to 671.1 million tonnes, as against the 0.6% on-year rise recorded during the first eight months, according to new data released by the country’s National Bureau of Statistics (NBS) on October 18. The dip also contrasted with the 2% on-year climb in the country's crude steel output during the same period.
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Over January-September, China's gross domestic product (GDP) grew 9.8% on year to Yuan 82.3 trillion ($12.8 trillion) with the GDP growth for Q3 having slowed to 4.9% on year against the 7.9% on-year gain for Q2 or the 18.3% on-year rise for Q1, though all the key economic indicators stayed within reasonable ranges until September, the country's National Bureau of Statistics (NBS) shared on October 18.
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Over January-September, China produced 2.93 billion tonnes of raw coal for all utilisation, up 3.7% on year, while September output dipped 0.9% on year to 334.1 million tonnes, and the country's coke output rose 1.3% on year to 357.5 million tonnes with September output having slumped 9.6% on year to 37.2 million tonnes, according to the release by the country's National Bureau of Statistics (NBS) on October 18.
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Over January-September, the growth in China’s fixed asset investment (FAI) trended down further to 7.3% on year to Yuan 39.8 trillion ($6.2 trillion), among which, that in the property market grew a lower rate too, up 8.8% on year to Yuan 11.3 trillion, and both saw their on-year growths slow since the start of 2021, according to the release by the country’s National Bureau of Statistics (NBS) on October 18.
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Over January-September, China's gross domestic product (GDP) grew 9.8% on year to Yuan 82.3 trillion ($12.8 trillion), and for July-September, the GDP grew 4.9% on year, or being lower than the 7.9% on-year gain for the second quarter or the 18.3% on-year rise for the first quarter, according to the
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Over January-September, China produced 2.93
billion tonnes of raw coal for all utilisation, up 3.7% on year, though that for September dipped 0.9% on year to 334.1 million tonnes, and over the same
period, the country's coke output rose 1.3% on year to 357.45 million tonnes, while that for September also declined
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Over January-September, China’s fixed asset investment (FAI) grew 7.3% on year to Yuan 39.8 trillion ($6.2 trillion), among which, that in the property market increased 8.8% on year to Yuan 11.3 trillion, both posting slower growths than over January-August, according to the release by the National Bureau of Statistics on
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Chinese shipbuilders received 54.2 million deadweight tons (dwt) of new vessel orders over January-September, higher by a massive 223.3% on year, according to a new release from the China Association of the National Shipbuilding Industry (CANSI) on October 15.
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Sydney, Shanghai 14 October 2021 – FEX
Global Australia and Mysteel today announced the signing of an agreement
whereby FEX Global will seek to settle certain FEX benchmark contracts against
the Mysteel IOSCO compliant price assessments, subject to regulatory approvals.
Brian Price, FEX Global Executive
Director, said “Mysteel has been assessing prices in the
domestic Chinese
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Over January-September, China’s Producer Price Index (PPI) gained pace further, up 6.7% on year, though it did not lead to a higher rise in Consumer Price Index (CPI), as the latter grew by just 0.6% on year, or the same as in the first eight months, according to the data released by the country’s National Bureau of Statistics (NBS) on October 14.
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Japan’s core machinery orders from domestic users other than shipbuilders and power equipment makers declined by 2.4% on month in value to Yen 839.3 billion ($7.4 billion), according to a release by the Japanese government’s Cabinet Office on October 13.
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During the first nine months of this year, China’s imports of iron ore reached 842 million tonnes, according to the latest statistics from the country's General Administration of the Customs (GACC) released on October 13, representing an on-year decline of 3%.
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Over January-September this year, China's coal and lignite imports declined 3.6% on year to 230.4 million tonnes, among which the total for September was 32.9 million tonnes, according to statistics from the country's General Administration of Customs published on October 13.
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China’s finished steel exports declined further in September from August, sliding by another 2.6% on month to 4.9 million tonnes, which made last month’s export volume the second lowest so far this year, according to the latest statistics of China’s General Administration of Statistics (GACC) released on October 13.
