-
Chinese shipbuilders received 19.5 million dead weight tonnes (dwt) of new vessel orders during this year’s January-September period, down 27.4% on year, according to the latest statistics from China Association of the National Shipbuilding Industry (CANSI) published on October 16. However, the margin of decline was much smaller than the on-year decrease seen over the first eight months of nearly 38%, Mysteel Global noted.
-
China’s auto sales over the first nine months of 2019 decreased 10.3% on year to 18.4 million units, and auto production declined 11.4% on year to 18.1 million units, according to the latest statistics from the China Association of Automobile Manufacturers (CAAM) on October 14.
-
China exported some 50.3 million tonnes of steel over the first nine months of 2019, down 5% on year, according to the latest data released by China’s General Administration of Customs (GACC) on October 14. The decline was more substantial than the 4.4% fall on year seen over the first eight months, Mysteel Global noted.
-
China's steel exports declined 5% on year to just below 50.3 million tonnes for January-September. A detailed report will be posted soon.
-
Total sales of heavy-duty trucks across China in the 14~100 tonnes class during the January-September period totalled 888,400 units, representing a slight decline of 1% on year, according to the latest data from Beijing-headquartered Commercial Vehicle World (CVWorld) published on October 9. The pace of the decline was 1 percentage point down from that during January-August.
-
China’s Purchasing Managers’ Index (PMI) for the steel industry for September refreshed its new low since December 25, down for the third successive month by another 0.7 basis point on month to 44.2, as demand was steady and steel mills trimmed their output, according to the latest release on September 30 by the official index compiler CFLP Steel Logistics Professional Committee (CSLPC).
-
China’s Purchasing Managers’ Index (PMI) for the manufacturing industry rebounded 0.3 basis point on month to 49.8 for September, as situation both in domestic market and exports improved marginally, according to the latest release from China’s National Bureau (NBS) of Statistics on September 30.
-
The aggregated gross profit of China’s ferrous smelting and processing industry for the January-August period totalled some Yuan 181.8 billion ($25.6 billion), a 31.3% year-on-year plunge and the second steepest decline among all the sectors the National Bureau of Statistics (NSB) monitored last month.
-
The 64 countries under the monthly survey of the World Steel Association (WSA) produced a total of 156 million tonnes of crude steel for August, up 3.4% on year, with the growth rate being 1.7 percentage points higher than that for July, according to the latest monthly report from WSA on September 26.
-
China’s shipbuilders witnessed a substantial 37.9% year-on-year decline in new vessel orders over January-August to 15.7 million dead weight tonnes (dwt), according to the latest statistics from China Association of the National Shipbuilding Industry (CANSI). Though the pace of the decline over the eight months slowed by 1 percentage point from January-July, among the total of new orders those for export at some 14.6 million dwt – accounting for 93% of the total – were down by a large 35.2% on year.
-
The production of the four most popular electrical home appliances in China showed mixed results for August, with output of air conditioners, refrigerators and televisions continuing to decline on year while production of washing machines alone grew year-on-year, according to the latest data released by China’s National Bureau of Statistics (NBS).
-
Last year’s high margins in the Chinese steel industry is unlikely to repeat in the next few years due to the serious challenges brought by the complicated domestic and international environments, Qu Xiuli, vice chairman of the China Iron and Steel Association (CISA) stated at the Asia Steel Forum in Shanghai on September 18.
-
China’s national economy maintained steady progress up to August, weathering a challenging environment with a mixture of gains and small declines, according to Fu Linghui, spokesperson of the National Bureau of Statistics.
-
Industrial growth in China’s domestic ferrous smelting and processing sector rose by 10.4% on year last month, up by 0.2 percentage point from July, according to the latest National Bureau of Statistics (NBS) data published Monday. Growth in the sector in August was the fastest among all the 41 industries NBS monitors.
-
China’s pig iron production rebounded in August after a two-month decline, rising by 2.86 million tonnes or 4.2% on month to 71.17 million tonnes, according to the latest data released by the country’s National Bureau of Statistics (NBS) on September 16. The total tonnage was also up by 7.1% on year, the data show.
-
China’s total sales of excavators and other heavy machinery over January-August jumped by 14.4% on year to 163,396 units, according to a September 12 release by China Construction Machinery Association (CCMA). For August alone, sales surged by 19.5% on year to 13,843 units, the data shows.
-
China's fixed asset investment (FAI) in general grew 5.5% on year to Yuan 40.1 trillion ($5.6 trillion) for January-August, with the growth slowing down 0.2 percentage point from January to July. Investment in the property market grew 10.5% on year over the eight months, though this too was down 0.1 percentage point from January to July, according to the latest updates from China’s National Bureau of Statistics (NBS) released on September 16.
-
China’s daily crude steel output in August reversed up after a short-lived retreat in July, growing by 2.4% from July’s four-month low to reach 2.82 million tonnes/day, according to the latest statistics released by the country’s National Bureau of Statistics (NBS) on September 16.
-
China's crude steel output reversed up 2.4% on month to 2.82 million tonnes/day in August, and the total volume for the first eight months grew 9.1% on year to around 665million tonnes. A detailed report will be posted soon.
-
China's fixed asset investment in general grew 5.5% on year to Yuan 40.1trillion ($5.6trillion) for January-August, among which the funding in the property market went up 10.5% on year to Yuan 8.5trillion during the period. A detailed story will be posted soon.
