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NDRC: Operation of China's Steel Industry In January-March, 2020

FOB Price: 558.00 - 590.00 USD/Ton
Payment Terms: T/T
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Quick Details

  • Technique: Cold Rolled
  • Type: Steel Plate
  • Brand Name: 1.0 CR Sheet
  • Thickness: 0.5mm*1000*C
  • Standard: AISI


NDRC Operation of Chinas Steel Industry in JanuaryMarch 2020
NDRC: Operation of China's Steel Industry in January-March, 2020

I Crude steel output was generally stable

According to National Bureau of Statistics, pig iron output was 199.74 million tons in January-March, 2020, up 2.4% year on year; crude steel output attained 234.45 million tons, an increase of 1.2% year on year and steel products output totaled 267.42 million tons, down 1.6% year on year.

II Steel products export plummeted

According to Customs, accumulative export volume of steel products in January-March, 2020 was 14.286 million tons, down 16.0% year on year and import volume of steel products totaled 3.178 million tons, up 9.7% year on year.

III Steel products price kept decreasing

According to CISA (China Iron and Steel Association), China's steel price index averaged 101.69 points in January-March, 2020, down 5.7% year on year. As of April 17, 2020, steel price index down to 97.21 points, down 8.4% from early 2020.

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