China's crude steel production exceeds 1 billion tons for first time in 2020
Views : 142
Update time : 2021-01-21 17:36:38
In 2020, China’s pig iron output was around 885.5 billion tons and crude steel output was around 1 billion tons, an increase of 4.3% and 5.2% year-on-year respectively. This was the first time that China’s crude steel output exceeded 1 billion tons in history.
China’s pig iron and crude steel output were expected to increase further by 2021, increasing by 2% and 2.8% year-on-year respectively, reaching 900.6 million tons and 1.08 billion tons, respectively.
The growth in steel demand in 2021 may come more from manufacturing than from real estate and infrastructure construction.
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
