News

China’s steel production likely to grow by 4-5% this year: analyst

Summary: Alfa Bank’s Boris Krasnozhenov says the country’s investment in infrastructure would back less conservative predictions, pegging growth of up to 4%-5%. The China Metallurgical Industry Planning and Research Institute estimates that Chinese steel production could come off by 0... Read More

The NDRC announced the operation of the steel industry in 2019: steel output increased by 9.8% year on year

First, crude steel production increased. According to the national bureau of statistics data, December 1, 2019 – the national pig iron, crude steel and steel production 809.37 million tons, 996.34 million tons and 1.20477 billion tons respectively, year-on-year growth of 5.3%, 8.3% and 9.8%... Read More