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The key steelmaker members of the China Iron & Steel Association (CISA) sold a total of 56.3 million tonnes of finished steel products in May, making for a 5% rise on year, according to CISA’s latest monthly transaction report. Last month’s result took total sales during January-May to 261 million tonnes, higher by 8.8% on year.
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Chinese production of air conditioners, washing machines, refrigerators, and televisions by the country’s home appliance makers continued to increase during January-May, according to the latest data released by China’s National Bureau of Statistics (NBS), with that of air-conditioners still witnessing the sharpest growth among the four, rising by 11% year on year to reach 97.46 million units during the first five months.
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China’s crude steel output in May grew by 10% on year to reach 89.1 million tonnes, with the average daily steel output rising by another 1.4% on month to reach a new high of 2.87 million tonnes/day, according to the latest statistics released by the country’s National Bureau of Statistics (NBS) on June 14.
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China's overall fixed asset investment (FAI) grew by 5.6% on year to Yuan 21.76 trillion ($3.15 trillion) for January-May, though the five-month growth was lower by 0.5 percentage point from growth during January-April, according to the latest data released by China’s National Bureau of Statistics on Friday.
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China's crude steel output grew 10.2% on year to nearly 405 million tonnes over January-May, with the May volume up 10% year on year to about 89 million tonnes. A detailed report will be posted soon.
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China's fixed asset investment in general grew 5.6% on year to Yuan 21.76trillion ($3.15trillion) for January-Mayand the funding into the property market went up 11.2% on year to Yuan 4.6trillion during the period. A detailed story will be posted soon.
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China exported 29.1 million tonnes of steel over the first five months of this year, representing an increase of 2.5% or 699,000 tonnes on year, according to data from China’s General Administration of Customs (GACC) released on June 10. However, the pace of export growth slowed by a significant 5.8 percentage points from that over January-April, Mysteel Global noted.
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China's steel exports rose 2.5% on year to 29.1 million tonnes for January-May. A detailed report will be posted soon.
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China’s domestic sales of heavy-duty trucks in the 14~100 tonnes class in May reached 109,000 units, lower by 4% on year or by 9.9% on month, according to the latest statistics released by Beijing-headquartered Commercial Vehicle World (CVWorld) on June 4. Over January-May, sales of heavy trucks totalled 553,400 units, down by a slight 1% on year.
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The Purchasing Managers’ Index (PMI) for China’s manufacturing industry continued to dive in May, down another 0.7 basis point on month to 49.4, falling below the threshold of 50 according to the latest release by China’s National Bureau of Statistics (NBS) on May 31.
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China’s domestic ferrous smelting and processing industry posted a substantial 28% year-on-year decline in its gross profit over January-April to Yuan 77.5 billion ($11.2 billion), according to latest release from China’s National Bureau of Statistics (NBS), which was understood to be because of the rising raw materials costs.
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Crude steel output among the 64 countries under the monthly survey of World Steel Association (WSA) grew faster at 6.4% on year to 156.7 million tonnes for April, compared with the 4.5% year-on-year growth for the first quarter, according to WSA’s latest release on May 27.
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Total sales of finished steel products among member companies of the China Iron & Steel Association (CISA) in April increased by 6.3% on year to some 54.3 million tonnes, according to CISA’s latest monthly sales report released on Wednesday. Last month’s result took total sales among these members over January-April to 205 million tonnes, up by 9.8% on year.
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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.
