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China Steel Association: In Mid-December, Key Steel Companies Produced 1,890,500 Tons Of Crude Steel Per Day, Down 2.26% From The Previous Month

Dec 24, 2021

China Steel Association: In mid-December, key steel companies produced 1,890,500 tons of crude steel per day, down 2.26% from the previous month


The China Iron and Steel Association released a statistical report on the 24th. In mid-December 2021, key statistical steel companies produced a total of 18,904,600 tons of crude steel, 16,363,300 tons of pig iron, and 18.305,200 tons of steel. Among them, the daily output of crude steel was 1.8905 million tons, a decrease of 2.26% from the previous month; the daily output of pig iron was 1.6363 million tons, a decrease of 0.33% from the previous month; the daily output of steel was 1.8305 million tons, an increase of 1.73% from the previous month.


As of mid-December, the key statistical iron and steel enterprises had a cumulative daily output of 1,912,400 tons of crude steel, an increase of 10.38% month-on-month, and a decrease of 12.92% year-on-year; the daily output of pig iron was 1,639,100 tons, an increase of 2.54% month-on-month and a year-on-year decrease of 14.84%; the daily output of steel products was 1.815 million tons, a month-on-month decrease. An increase of 2.02%, a year-on-year decrease of 15.92%.


According to the production estimates of key statistical iron and steel enterprises, this week the country produced a total of 2,399,700 tons of crude steel, 19,786,400 tons of pig iron, and 30,874,300 tons of steel. This week, the country’s daily production of crude steel was 2.400 million tons, a decrease of 1.89% from the previous month, the daily production of iron was 1,978,600 tons, a decrease of 0.25% from the previous month, and the daily output of steel products was 3.0874 million tons, a month-on-month increase of 1.52%.


In mid-December 2021, the key statistics of steel companies’ steel inventory was 13.57 million tons, an increase of 227,500 tons or 1.71% over the previous ten-day period; a decrease of 357,200 tons or 2.56% over the same ten-day period of the previous month (that is, mid-November); An increase of 1.085 million tons from the end of last month, an increase of 8.70%; an increase of 1.9489 million tons from the beginning of the year, an increase of 16.77%; an increase of 515,000 tons, an increase of 3.94‰, compared with the same period last year. (Source: Xinhua Finance)