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Chinese domestic rebar output last month continued its high-speed climb, soaring by a sizzling 23.7% year on year to 20.5 million tonnes and occupying 20.1% of national total of finished steel output, the largest share, according to latest data from China’s National Bureau of Statistics.
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Chinese production of air conditioners, washing machines, refrigerators, and televisions by the country’s home appliance makers increased further during January-April, with output of air-conditioners growing the fastest among the four, rising by 12.5% year on year to reach 75.5 million units during the first four months, according to the latest data released by China’s National Bureau of Statistics (NBS) on May 17.
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Industrial growth in China’s ferrous smelting and processing sector in April jumped by 11.5% on year, according to the latest data from China’s National Bureau of Statistics released on Wednesday. The figure was also some 3 percentage points higher from that in March and took the average over the first four months of this year to a fairly robust 8.9% on year, the statistics show.
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China’s crude steel output rose at a fast pace of 10.1% on year over January-April to reach some 315 million tonnes, according to the latest statistics released by the country’s National Bureau of Statistics (NBS) on May 15.
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China’s fixed asset investment (excluding rural households) over January to April grew by a healthy 6.1% on year to Yuan 15.57 trillion ($2.3 trillion), though growth over the four months slowed by 0.2 percentage point compared with January-March, according to new data from China’s National Bureau of Statistics released on May 15.
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China's fixed asset investment in general grew 6.1% on year to Yuan 15.57trillion ($2.3trillion) for January-April and the funding into the property market went up 11.9% on year to Yuan 3.4 trillion during the period. A detailed story will be posted soon.
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China's crude steel output grew 10.1% on year to nearly 315 million tonnes with the April volume up 12.7% year on year to about 85 million tonnes. A detailed report will be posted soon.
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China’s total steel exports over the first four months of this year reached 23.35 million tonnes, representing an increase of 8.3% or 1.8 million tonnes on year, according to data from China’s General Administration of Customs (GACC) released on May 8.
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China's steel exports rose 8.3% on year to 23.35 million tonnes for January-April. A detailed report will be posted soon.
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Daily crude steel output among the 97 major steelworks members of the China Iron and Steel Association (CISA) continued to increase during April 11-20, rising by 2.6% or 50,700 tonnes from the first ten days in April to 2.01 million tonnes/day on average, according to CISA’s latest data released on April 30.
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The Purchasing Managers’ Index (PMI) for China’s manufacturing industry nudged down 0.4 basis point on month to 50.1 for April, just above the threshold of 50 connoting expansion, according to Tuesday’s official release from China’s National Bureau of Statistics.
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The crude steel output of 64 countries under the monthly survey of the World Steel Association climbed 4.5% on year to 444.1 million tonnes over January-March with the March output up 4.9% on year to 155 million tonnes, with the core contributor being China, according to the WSA’s official data published late on April 29.
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China’s ferrous sector including miners, steel mills and fabricators posted the profit slump 44.5% on year to a total of Yuan 41.6 billion ($6.2 billion) over January-March, as the rising production costs yet mellow steel prices ate up the margins, according to the latest data released by the country’s National Bureau of Statistics (NBS) on April 27.
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The 89 key steelmaking members of the China Iron & Steel Association sold 55.4 million tonnes of finished steel products last month, making for a remarkable 15.8% increase on year, according to CISA’s latest data released on Wednesday. The March result took total sales over first quarter higher by 11.1% on year to 150.7 million tonnes.
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China exported 10.2 million tonnes of flat steel products between January and March, higher by 14.4% on year, the latest statistics from China’s General Administration of Customs (GACC) released on April 23 showed.
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Daily crude steel output among the 97 major steelworks members of the China Iron and Steel Association (CISA) reversed up by 6.6% or 120,400 tonnes during April 1-10 to 1.96 million tonnes/day on average, compared with the March 21-31 period, according to CISA’s latest data released on April 23.
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The domestic price for HRB 400 20mm rebar across China reached a five-month new high on Monday of Yuan 4,260/tonne ($635.8/t). Monday’s performance contrasted with last week where the rebar price merely hovered, and led market watchers to predict such strong price momentum will continue for the remainder of this month, thanks to sound downstream demand for longs.
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China’s domestic rebar output over January-March grew 12.8% year on year, with the growth being higher than the 10.8% annual rise for all the finished steel production and the highest for itself since the 13.9% annual growth for January-April 2018, according to the latest data from China’s National Bureau of Statistics (NBS).
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Production of air conditioners, washing machines, refrigerators, and televisions among Chinese home appliance makers increased over January-March, with output of air-conditioners witnessing a particularly significant rise, according to the latest data released by China’s National Bureau of Statistics (NBS) on April 18.
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Capacity utilization in China’s domestic ferrous metals smelting and processing sector gained 2.3 percentage points year on year to 79.2% over this year’s January-March quarter, according to National Bureau of Statistics data released on Wednesday. This was also 1.2 percentage points higher that last year’s full-year average.
