Home / Metal News / Copper / China Pig Iron Output to Fall Further in December
China Pig Iron Output to Fall Further in December
Dec 30,2015 13:21CST
smm insight
Source:SMM
China’s pig iron output may continue to fall in December as steel plants slash output against losses.

SHANGHAI, Dec. 30 (SMM) - China’s pig iron output may continue to fall in December as steel plants slash output against losses, SMM says.

China’s elimination in steel capacity has been accelerating. Some SOEs lay off workers or reduce wages.

Domestic pig iron output in November was 53.67 million tonnes, down 4.7% from October, but up 0.8% YoY, according to NBS. Average daily output was 1.79 million tonnes, down 1.5% MoM, to hit its lowest over the last year. Year-over-year decline is not very significant, though. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 


pig iron output
steel capacity

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news