China’s Crude Steel Output Grows 17.60% YoY in September, and the Output from Major Steel Companies Adds 12.54% YoY

Published: Oct 25, 2022 11:30
In September 2022, China produced 86.95 million mt of crude steel, up 17.60% year-on-year (YoY), the daily output was 2.90 million mt, up 7.13% month-on-month (MoM).

In September 2022, China produced 86.95 million mt of crude steel, up 17.60% year-on-year (YoY), the daily output was 2.90 million mt, up 7.13% month-on-month (MoM); the output of pig iron was 73.94 million mt, up 13.0% YoY, and the daily output was 2.46 million mt, up 7.05% MoM; steel output stood at 116.19 million mt, up 12.50% YoY, daily output was 3.87 million mt, up 10.83% MoM. From January to September, China produced 781 million mt of crude steel, a year-on-year decrease of 3.40%, with a cumulative daily output of 2,860,200 mt; the output of pig iron was 656 million mt, down 2.50% year-on-year, with a cumulative daily output of 2,403,300 mt; the output of steel was 1.006 billion mt, down 2.20% year-on-year, with a cumulative daily output of 3.68 million mt.

In September 2022, the output of crude steel from major steel enterprises in the survey sample totalled 67.84 million mt, a year-on-year increase of 12.54%, the daily output was 2.26 million mt, a month-on-month increase of 6.17%; the output of pig iron was 61.61 million mt, a year-on-year increase of 10.95%, the daily output was 2.05 million mt, a month-on-month increase of 5.29%; the output of steel was 67.41 million mt, a year-on-year increase of 12.18%, and the daily output was 2.25 million mt, a month-on-month increase of 8.15%. From January to September, the key sample steel enterprises produced a total of 616 million mt of crude steel, a year-on-year decrease of 3.69%, and the daily output was 2,257,300 mt; the cumulative output of pig iron was 550 million mt, a year-on-year decrease of 1.88%, and the daily output was 2,014,600 mt. The output of steel was 601 million mt, a year-on-year decrease of 2.62%, and the daily output was 2.20 million mt.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn