Crude steel output in Q1 expands 9.9% on year: MIIT-Shanghai Metals Market

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Crude steel output in Q1 expands 9.9% on year: MIIT

Data Analysis 02:25:57PM May 09, 2019 Source:SMM

SHANGHAI, May 9 (SMM) – China's production of crude steel came in at 231 million mt in the first quarter, up 9.9% from the same period in 2018, according to data from the Ministry of Industry and Information Technology (MIIT) on Thursday May 9. 

The data also showed that domestic output of pig iron and steel products in the first quarter advanced 9.3% and 10.8% on the year, respectively, to stand at 195 million mt and 269 million mt. 

In January-March, large and medium-sized steel mills produced 173 million mt of crude steel, up 7.3% from a year ago. Production of pig iron and steel products at those mills posted 157 million mt and 161 million mt, up 6.9% and 6% on the year, respectively.  

Crude steel output in Q1 expands 9.9% on year: MIIT

Data Analysis 02:25:57PM May 09, 2019 Source:SMM

SHANGHAI, May 9 (SMM) – China's production of crude steel came in at 231 million mt in the first quarter, up 9.9% from the same period in 2018, according to data from the Ministry of Industry and Information Technology (MIIT) on Thursday May 9. 

The data also showed that domestic output of pig iron and steel products in the first quarter advanced 9.3% and 10.8% on the year, respectively, to stand at 195 million mt and 269 million mt. 

In January-March, large and medium-sized steel mills produced 173 million mt of crude steel, up 7.3% from a year ago. Production of pig iron and steel products at those mills posted 157 million mt and 161 million mt, up 6.9% and 6% on the year, respectively.