Published: Oct 9, 2023 16:02
From January to August this year, the overall operation of China's steel industry was stable, according to data released by the China Iron and Steel Association. During the first eight months of this year, the output of crude steel, pig iron and steel products increased by 2.6%, 3.7% and 6.3% year-on-year respectively, maintaining a stable growth, and exports of steel products increased by 28.4% year-on-year to 58.785 million tons. Since this year, with the continuous adjustment of China's industrial structure, the demand structure of steel has changed, driving the steel industry to accelerate its transformation.

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 for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
From January to August this year, the overall operation of China's ste - Shanghai Metals Market (SMM)