“In the first quarter, market demand has improved, the economy is off to a good start, the downstream industry steel demand is generally stable, steel production, crude steel performance consumption are year-on-year growth, industry efficiency month by month rebound.” Tang Zujun, vice president of the China Iron and Steel Industry Association, said at a recent information conference held by the China Iron and Steel Industry Association.
The first quarter of China’s steel industry operating characteristics show that steel production rose year-on-year, the market demand has improved. According to data released by the National Bureau of Statistics, in the first quarter, China’s crude steel production 261.56 million tons, an increase of 6.1%; pig iron production 21.83 million tons, an increase of 7.6%; steel production 332.59 million tons, an increase of 5.8%. In the first quarter, the equivalent crude steel apparent consumption was 243.42 million tons, up 1.9% year-on-year; steel inventories of key enterprises in each month were higher than the same period last year, and the supply intensity was higher than the consumption growth.
Steel exports grew year-on-year, while imports fell sharply. According to data released by the General Administration of Customs, in the first quarter, the country’s total exports of steel 2008 million tons, an increase of 53.2%, the average export price of $ 1254 / ton, down 10.8%; total imports of steel 1.91 million tons, down 40.5%, the average price of imports of $ 1713 / ton, an increase of 15.2%.
Post time: May-04-2023