Chinese daily crude steel output up by 3% during early May

Steel News  |  2013-05-21 08:16:03   |   By

As per the data released by the China Iron and Steel Association (CISA), the country's average daily crude steel output during the initial ten days of May was up by 3%

BEIJING (Scrap Monster) : As per the data released by the China Iron and Steel Association (CISA), the country’s average daily crude steel output during the initial ten days of May was up by 3% in comparison with the output during the preceding 10 days.

The average crude steel output during the period from May 1 to 10 is 2.193 million tonnes. This is 3% higher than the average daily crude steel output of 2.129 million tonnes during late April.

The Chinese mills have managed to keep the daily crude steel production above 2 million tonnes since mid February. The 3% rise during the week beginning May is the highest increase recorded over the preceding 10 days since the early February rise of 4.4%.

The table below summarizes the change in daily crude steel output.

Period 

Daily output (million tonnes)

% Change

May 1-10   

2.193

+3.0

Apr 21-30  

2.129

+0.6

Apr 11-20  

2.116

-0.4

Apr 1-10   

2.124

+2.5

Mar 21-31  

2.072

+0.4

Mar 11-20  

2.064

-1.0

Mar 1-10   

2.085

2.5

Feb 21-28  

2.034

1.4

Feb 11-20  

2.006

0.9

Feb 1-10   

1.989

4.4

Jan 21-31  

1.906

-0.4

Jan 11-20  

1.914

-1.5

Jan 1-10   

1.944

2.3