Anhui’s production of steel products gain 7% in 2018

According to research by SMM, on March 20th, the blast furnace operating rate was 89.45%, marking a 0.3% increase compared to the previous period. The blast furnace capacity utilization rate stood at 90.38%, rising by 0.50% compared to the previous period. Additionally, the daily average hot metal production of sample steel mills reached 2.16 million tons, marking an increase of 11,900 tons compared to the previous period.

According to China's National Bureau of Statistics,  the purchasing price index of major raw materials dropped 11.6 percentage points on the month points to 61.2% in June, and the producer price index fell 9.2 percentage points to 51.4% from May.

The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.21 million mt per day in the last 11 days of March, down 0.16% from mid-March and up 20.98% from the same period a year ago.

Production in mainland China rose 11.7% to 22.49 million mt

Margins prompted producers to ramp up output in Aug-Oct

China’s primary lead market is likely to see a rebound of around 10,000 mt in production in Oct

China’s zinc output rose 18.9% from a year earlier to 528,000 mt in Aug

Scheduled output for Aug continued to climbed on the month, totalling 2.6 million mt

Inventories of steel products across those mills shrank 14.5% from Jun 20 and came in at 11.22 million mt as of Jun 30

Production in Apr expanded to the highest since Jun of 2017