Author: 23 Mar 2012 Last updated at 08:27:34 GMT

China crude steel production increases 2.2% Y-o-Y in Jan-Feb: NDRC

BEIJING (Scrap Monster): China crude steel production advanced by 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 (NDRC). China is the world’s largest steel producer.

According to NDRC data, 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%YoY to 139.29 million tonnes in the first two months, slowing from a 14.5% increase in the corresponding period of last year.

China exported 7.12 million tonnes of steel products in the two month, up 27.4% year-on-year and imported 2.14 million tons of steel products down by 19.4% year-on-year.

METAL PRICE CHARTS

GET PRICE CHARTS

9ct Gold Scrap Price Charts

18ct Gold Scrap Price Charts

Platinum Scrap Price Charts

RELATED NEWS

Metals mergers and acquisitions to remain weak in 2015: PwC

February 27th 2015 03:03 AM
Metals mergers and acquisitions to remain weak in 2015: PwC
The lack of conviction in strong and sustainable economic growth among global nations will keep the merger and acquisition in…

Malaysia's scrap imports dropped sharply in Nov '14

February 25th 2015 07:29 AM
Malaysia's scrap imports dropped sharply in Nov '14
The recently released imports statistics indicate that Malaysia's scrap imports declined sharply year-on-year during the month of November last year

US H1 scrap average prices continue to remain flat

February 25th 2015 07:32 AM
US H1 scrap average prices continue to remain flat
The US H1 scrap price average prices were at $234.17 per long ton, as on 23rd February, 2015

Russia mulls temporary ban on scrap exports

February 25th 2015 02:14 AM
Russia mulls temporary ban on scrap exports
As per media reports quoting Russian Ministry of Trade and Industry, the country is thinking over a proposal to ban…
Scrap Item Price Unit
Old Sheet 0.66 $US / Lb
Al/Cu Radiators 1.45 $US / Lb
Old Cast 0.67 $US / Lb
6063 Extrusions 0.78 $US / Lb
Zorba 90% NF 0.68 $US / Lb
6061 Extrusions 0.76 $US / Lb
Next Story