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

14ct Gold Scrap Price Charts

9ct Gold Scrap Price Charts

22ct Gold Scrap Price Charts

RELATED NEWS

US H1 scrap average prices held steady for sixth straight week

July 25th 2014 08:08 AM
US H1 scrap average prices held steady for sixth straight week
The US H1 scrap price average prices were at $357.50 per long ton, as on 21st July, 2014

H2 scrap average prices in Japan drop further

July 25th 2014 03:58 AM
H2 scrap average prices in Japan drop further
The average price of Japanese H2 scrap continued to drop during the third week of July

Brazil's scrap exports surged 85% over previous year in June '14

July 25th 2014 03:22 AM
Brazil's scrap exports surged 85% over previous year in June '14
The latest statistics indicate that Brazil's scrap exports have recorded strong growth year-on-year during the month of June

Scrap Monster Inc. launches new Physical Scrap Exchange SCRAPEX.com

July 24th 2014 02:42 PM
Scrap Monster Inc. launches new Physical Scrap Exchange SCRAPEX.com
Scrap Monster Inc. has been operating ScrapMonster.com for the past 5 years and with a growing membership and audience requesting…
blog comments powered by Disqus
Next Story