National Steel Production in August 2023

In August 2023, Chinese plants produced 86.41 million mt of crude steel, a year-on-year increase of 3.20%, and the daily output was 2.7874 million mt/day, a month-on-month decrease of 4.83%. Chinese plants produced 74.62 million mt of pig iron, a year-on-year increase of 4.80%, and the daily output was 2.4071 million mt/day, a decrease of 3.84% from the previous month. The production of steel was 116.520 million mt, a year-on-year increase of 11.40%, and the daily output was 3.7587 million mt/day, which was the same as the previous month. From January to August, the total domestic crude steel production was 713 million mt, a year-on-year increase of 2.60%, with a cumulative daily output of 2.9339 million mt. The total domestic pig iron production was 604 million mt, a year-on-year increase of 3.70%, and a cumulative daily output of 2.4839 million mt. And the domestic total production of steel was 909 million mt, a year-on-year increase of 6.30%, with a cumulative daily output of 3.7416 million mt. In August 2023, key statistical steel companies produced a total of 69.8845 million mt of crude steel, a year-on-year increase of 7.62%, and a daily output of 2.2543 million mt, a month-on-month decrease of 4.16%; they produced 63.5244 million mt of pig iron, a year-on-year increase of 6.94%, and a daily output of 2.0492 million mt, a month-on-month decrease of 3.09%; the production of steel was 71.6223 million mt, a year-on-year increase of 2.87%, and the daily production was 2.3104 million mt, a month-on-month decrease of 0.50%. From January to August, key statistical steel companies produced a total of 568 million mt of crude steel, a cumulative year-on-year increase of 5.55%, and a cumulative daily output of crude steel of 2.3359 million mt; a cumulative production of pig iron was 508 million mt, a cumulative year-on-year increase of 6.12%, and the cumulative daily output of pig iron was 2.0886 million mt; The cumulative production of steel is 558 million mt, with a cumulative year-on-year increase of 4.44% and the cumulative daily production of 2.2979 million mt.