CISA: production and inventory of iron and steel enterprises in late June 2020

Published: Jul 06, 2020 11:54 (GMT+8)
Source: China Iron and Steel Association

In late June 2020, iron and steel enterprises produced a total of 21.4215 million tons of crude steel, 19.1516 million tons of pig iron, 21.3362 million tons of steel and 3.3089 million tons of coke. The average daily output in this decade is 2.1421 million tons of crude steel, down 0.01% from the previous month and up 5.70% from the same period last year; pig iron is 1.9152 million tons, up 0.2% from the previous month and 8.47% from the same period last year; and steel is 2.1336 million tons, up 2.79% from the previous month and 3.95% from the same period last year.

Focus on statistics of product output of iron and steel enterprises in late June 2020

This month, key statistics are as follows: the cumulative average daily output of crude steel in iron and steel enterprises is 2.1298 million tons, up 2.74% from the previous month and 4.03% over the same period last year; pig iron is 1.9009 million tons, up 2.17% from the previous month and 5.32% over the same period last year; and steel products are 2.0617 million tons, up 3.64% from the previous month and 5.18% over the same period last year.

According to the output estimates of key statistics of iron and steel enterprises, the country produced a total of 29.8516 million tons of crude steel this year, with a daily output of 2.9852 million tons of crude steel, an increase of 0.01 percent over the previous month, an increase of 6.34 percent over the same period last year, and 25.1442 million tons of pig iron. Nissan pig iron 2.5144 million tons, an increase of 0.24%, an increase of 9.52% over the same period last year; The production of steel was 37.2792 million tons, and the daily output of steel was 3.7279 million tons, an increase of 0.31% month-on-month and 9.30% over the same period last year. The cumulative average Nissan this month was 1.99% month-on-month growth in crude steel, 6.15% year-on-year growth in crude steel, 2.02% month-on-month increase in pig iron, 9.60% year-on-year increase in steel, and 2.60% month-on-month increase in steel, and 11.66% increase in steel.

This decade, the key statistics are that the steel inventory of iron and steel enterprises is 13.6155 million tons, a decrease of 1.0039 million tons, or 6.87 percent, over the previous ten days; an increase of 329400 tons, or 2.78 percent, over the last ten days of May; and an increase of 4.083 million tons, or 42.83 percent, over the beginning of the year.

[1] under the influence of the principle of ERP collection in Anshan Iron and Steel Group and the centralized storage of some enterprises at the end of the month, the steel output in this ten-day period has increased more than that in the previous ten-day period. Excluding these factors, steel output in this ten-day period is 0.49% lower than that in the previous ten-day period.

(source: China Iron and Steel Association)

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