Crude steel output expand 7.5% YoY in Sep

SHANGHAI, Oct 19 (SMM) – China produced 80.85 million mt of crude steel in September, up 7.5% from a year ago, with average daily output of 2.695 million mt, showed data from the National Bureau of Statistics (NBS).

This grew overall output of crude steel in January-September to 699.42 million mt, standing 6.1% higher than January-September 2017.

For the same month, output of pig iron grew 4.4% year on year to 66.38 million mt and daily output averaged 2.213 million mt. Year-to-date output came in at 578.6 million mt, up 1.2% on a yearly basis.

Some 96.75 million mt of steel products were produced in September, up 9.8% from September 2017. This equated to some 3.225 million mt of steel products produced each day. Output amounted to 821.01 million mt thus far this year, 7.2% more than the same period last year.