China’s crude steel production grows in Q1 y-o-y on recovered economy
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Update time : 2023-04-19 17:36:20
According to statistics released by the National Bureau of Statistics (NBS) of China, China's crude steel production totaled around 95.7 million tons in March this year, up by nearly 7% compared to the same month a year ago. The production in the first quarter reached 261.6 million tons, a year-on-year increase of 6.1%, due to the recovered economy.
In March, China's pig iron and steel production was up by 7.3% and 8% year on year to 78.1 million tons and 127.3 million tons, respectively. In the January-March period, China’s pig iron and steel production grew by 7.6% and 5.8% year on year, reaching 219.8 million tons and 332.7 million tons, respectively.
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