National Steel Production in August 2023

Published: Sep 18, 2023 18:07
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%.

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.

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
Related News
[SMM Steel] Tata Steel partners with USTB to accelerate low-carbon steelmaking
1 hour ago
[SMM Steel] Tata Steel partners with USTB to accelerate low-carbon steelmaking
Read More
[SMM Steel] Tata Steel partners with USTB to accelerate low-carbon steelmaking
[SMM Steel] Tata Steel partners with USTB to accelerate low-carbon steelmaking
[SMM Steel] Tata Steel has signed a Memorandum of Understanding (MoU) with the University of Science and Technology Beijing (USTB) to co-develop scalable low-carbon steelmaking technologies. The collaboration focuses on four strategic areas: scrap-based steelmaking, steel waste valorization, carbon capture and utilization (CCUS), and end-product performance. By leveraging USTB’s pilot-scale facilities and Tata Steel’s engineering strengths, the partnership aims to accelerate the transition of sustainable metallurgical research into practical industrial applications.
1 hour ago
[SMM Hot-Rolled Coil Arrivals] Arrivals in Mainstream Markets Increased Slightly WoW This Week
1 hour ago
[SMM Hot-Rolled Coil Arrivals] Arrivals in Mainstream Markets Increased Slightly WoW This Week
Read More
[SMM Hot-Rolled Coil Arrivals] Arrivals in Mainstream Markets Increased Slightly WoW This Week
[SMM Hot-Rolled Coil Arrivals] Arrivals in Mainstream Markets Increased Slightly WoW This Week
SMM Steel, February 24 – According to SMM statistics, the estimated total shipments to mainstream markets this week reached 302,700 mt, up 50.90% WoW. By market:
1 hour ago
[SMM Zhangjiagang Hot-Rolled Coil Inventory] Zhangjiagang Inventory Turned Lower WoW This Week
1 hour ago
[SMM Zhangjiagang Hot-Rolled Coil Inventory] Zhangjiagang Inventory Turned Lower WoW This Week
Read More
[SMM Zhangjiagang Hot-Rolled Coil Inventory] Zhangjiagang Inventory Turned Lower WoW This Week
[SMM Zhangjiagang Hot-Rolled Coil Inventory] Zhangjiagang Inventory Turned Lower WoW This Week
Zhangjiagang hot-rolled coil inventory stood at 311,000 mt this week, down 4,000 mt WoW, a decline of 1.27; the YoY decline was 27.34 on a calendar basis and 31.50 on a lunar calendar basis.
1 hour ago