Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Energy & Commodities
 Search News  Or
China sees slowdown in crude steel output in Jan-Feb

Mar. 22, 2012 (China Knowledge) - China, the world's largest steel producer, saw its crude steel output rise 2.2% year on year to 112.62 million metric tons in the first two months of this year, according to the latest statistics released by the National Development and Reform Commission.
 
The growth rate was 10.4 percentage points lower than that in the same period of last year.
 
The commission said that the country's output of steel products rose 4.6% year on year to 139.29 million metric tons in the first two months, slowing from a 14.5% increase in the corresponding period of last year.

China exported 7.12 million metric tons of steel products in the two-month period, up 27.4% year on year, and imported 2.14 million metric tons of steel products, down 19.4% year on year.
 
In the month of February, China's steel prices were still in the downward trend, with the domestic composite steel price index falling 1.91 points from December or 16.59 points from a year earlier to 119.04.

The prices of 20-mm steel sheets and 1-mm cold-rolled coils were RMB 4,296 per metric ton and RMB 5,187 per metric ton, down 14.6% and 9.1% year on year, respectively.






Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved