China’s Daily Steel Output at 2.51 Mt in Dec 2022, up 1.12% MoM

In December 2022, key iron and steel enterprises produced a total of 64.10 million mt of crude steel, a year-on-year decrease of 8.20%, the daily output of crude steel was 2.07 million mt, a month-on-month increase of 2.02%. The production of pig iron was 58.59 million mt, a year-on-year decrease of 2.16%, and the daily output of pig iron was 1.89 million mt, an increase of 1.54% month-on-month. The total production of steel products was 65.49 million mt, a year-on-year decrease of 1.13%, and the daily output of steel products was 2.11 million mt, a month-on-month increase of 3.22%.

In 2022, key iron and steel enterprises produced a total of 815 million mt of crude steel, a year-on-year decrease of 2.07%, and the annual daily output of crude steel was 2.23 million mt. The combined output of pig iron was 729 million mt, up 0.03% YoY, and the daily output was 1.99 million mt. The combined output of steel products stood at 802 million mt, down 0.5% YoY, and the daily output was 2.2 million mt. 

In December, 2022, national crude steel output stood at 77.89 million mt, down 9.8% YoY, and the daily output was 2.51 million mt, up 1.12% MoM. The output of pig iron was 69 million mt, down 4.6% YoY, and the daily output was 2.23 million mt, down 1.79% MoM. The output of steel products recorded 111.93 million mt, down 2.6% YoY, and the daily output came in at 3.61 million mt, down 0.8% MoM. 

In 2022, the total national output of crude steel was 1,013 million mt, down 2.1% YoY, and the annual daily output was 2.78 million mt. The national output of pig iron was 864 million mt, down 0.8% YoY, and the daily output was 2.37 million mt. The national output of steel products recorded 1,340 million mt, down 0.8% YoY, and the daily output was 3.67 million mt.