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China’s rebar output in October hit a new record high of 19.13 million tonnes, climbing by another 4.6% month on month and by 15% on year, according to new data released by China’s National Bureau of Statistics. During the January-October period, the total output jumped by 15% over the first ten months of last year to 172 million tonnes.
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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 Purchasing Managers’ Index (PMI) for the country’s manufacturing industry retreated another 0.6 basis point on month to 50.2 in October, though it remained above the benchmark 50 for the 27th successive month, suggesting the continuing expansion, according to the latest release by China’s National Bureau of Statistics on October 31.
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Domestic capacity utilization in China’s ferrous smelting and processing industry during this year’s July-September quarter rose 2 percentage points year on year to 78.7%, with the total average during January-September climbing by 2.7 percentage points on year to 78.1%, according to the latest release from China’s National Bureau of Statistics on October 20.
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Crude steel output among the 64 countries in the regular survey of the World Steel Association (WSA) increased 4.4% on year to 151.7 million tonnes in September, which was almost unchanged from August, according to the latest data released by the association late on October 24.
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China exported a total of 3.51 million tonnes of flat steel in September, up 3% on month and by 16.6% on year to account for 59% of the country’s total steel exports last month, according to detailed export statistics released by China’s General Administration of Customs (GACC) on October 23.
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Production of the four major home appliances in China showed positive growth during the January-September period, according to the latest data released by National Bureau of Statistics (NBS) on October 23.
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Production of rebars across China last month continued to rise, jumping by 4.9% on year to 18.28 million tonnes, according to the latest data from China’s National Bureau of Statistics published on October 23. As a result, total rebar output during January to September reached 153 million tonnes, up by 4.5% year on year, the statistics showed.
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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 steel exports decline slowed down over January-September to 10.7% as against the 13.1% year-on-year drop for the first eight months, as the country’s September export volume reversed up 1.3% on month to 5.95 million tonnes, according to the latest statistics from China’s General Administration of Customs (GACC) on October
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The Hebei
Purchasing Managers’ Index (PMI) for the local steel industry in North China increased
by another 1.3 basis points on month to 50.1 in September, mainly on the back
of the production increases witnessed last month, according to the latest
release from the Hebei Metallurgical Industry Association tabled on September
30.
The reading
marked the
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China’s Purchasing Managers’Index (PMI) for the manufacturing industry reversed down 0.5 basis point on month to 50.8 for September but still staying above the benchmark 50 for the 26th successive month, indicating a continuing expansion, according to the latest release by China’s National Bureau of Statistics on September 30.
The slow-down
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Crude steel output among the 64 countries in the regular survey of the World Steel Association (WSA) increased2.6% on year to 151.7million tonnes, according to the latest data released by WSA late on September 25.
The August growth was3.2 percentage pointslower than July’s yearly growth, according to WSA’s data.
China remained the
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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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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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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.
