Global crude steel production rises 5.4% on year in May: Worldsteel

China's automobile production and sales were 2.04 million units and 2.13 million units, down 8.7% and 5.5% month on month respectively, and falling 6.8% and 3.1% year on year.

A water inrush accident occurred at the Dahongcai iron ore mine in Daixian County, Shanxi Province on June 10, leaving 13 people trapped, according to preliminary estimate.

Operating rates of blast furnaces at steel mills fell 1.2 percentage points from a week ago and decreased 0.9 percentage point from a month ago to 85.7% as of May 27, SMM survey showed.

The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.32 million mt per day in the second ten days of April, up 2.21% from early April and up 19.1% from the same period a year ago.

The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.27 million mt per day in the first ten days of April, up 2.88% from late March and up 16.86% from the same period a year ago.

The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.14 million mt per day in the second 10 days of December, down 0.04% from early December and up 13.49% from the same period a year ago.

China produced about 3,500 mt in metal content of cobalt sulphate in March, 94% higher on the month, showed SMM data, as cobalt salt producers resumed 70-80% of their capacity last month amid a slowdown in the spread of the coronavirus in China. 

Planned output of construction steel rebar across China’s major blast furnace steelmakers in April stood roughly flat from the actual production in March, as the impact of maintenance may offset the increase in output driven by higher profits. 

According to the SMM survey that covers 102 blast furnace steel mills, 42.2% of them are undertaking maintenance or have trimmed output (excluding mills that reduced output by adjusting rates of equipment utilisation and raw material ratios), down from a ratio of 50% last week, as some long steel mills have recovered production from maintenance.

Smelters in Jiangxi minimally received the impact of environmental curbs, which prevented a significant decline in local output