SMM News: in May, the national crude steel output was 92.27 million tons, an increase of 4.2% over the same period last year, down 5.8% from the same period last year; steel output increased by 6.2%, down 5.3%. Coke production fell 3.2 per cent, compared with an increase of 5.7 per cent in the same period last year. Ferroalloy production fell 3.5%, compared with an increase of 13.1% in the same period last year. Steel exports were 4.4 million tons (customs statistics), a decrease of 1.92 million tons over the previous month, while imports were 1.28 million tons, an increase of 270000 tons over the previous month.
From January to May, the country's crude steel output was 411.75 million tons, up 1.9 percent from the same period last year, down 8.3 percent from the same period last year; steel output was 488.19 million tons, up 1.2 percent from the same period last year, down 10 percentage points. Coke production was 187.84 million tons, down 2.8%, compared with an increase of 5.8% in the same period last year. Ferroalloy output was 13.95 million tons, an increase of 1% over the same period last year, and the growth rate dropped 6.3% from the same period last year. Steel exports were 25 million tons, down 14 percent from the same period last year, while imports were 5.46 million tons, up 12 percent. Imports of iron ore were 445.31 million tons, an increase of 5.1 percent.
The price of steel is higher than that of last month. In May, the composite index of steel prices in the domestic market averaged 99.83 points, up 2.90 points from the previous month and down 12.10 points from the same period last year. The average price of 6.5mm high-speed line was 3755 yuan / ton, up 2.3% from the previous month, and down 12% from the same period last year. The average price of 20mm medium plate was 3750 yuan / ton, up 2.7% from the previous month, and down 8.5% from the same period last year. The average price of 1.0mm cold-rolled sheet was 4015 yuan / ton, up 3.5% from the previous month and down 9.3% from the same period last year.
(if the data in this article are not specified, they are all from the National Bureau of Statistics, relevant associations or calculated accordingly)
SMM monthly production data of basic Metals in China
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