Industry News

China’s stainless steel crude steel output increases in Q1

Views : 169
Update time : 2024-05-06 17:16:01
According to statistics from China’s Iron and Steel Association, in the first quarter of this year, China’s stainless crude steel production increased by 2.1% compared to the first quarter of last year to nearly 86 million tons. It has been the second-highest level of January-March production since 2021.

Meanwhile, the apparent consumption increased by 2.9% year on year to 7.31 million tons. Among them, 300 series increased by 9.4% year on year to about 45.18 million tons. 200 series decreased by 9.3% year on year to 23.52 million tons, and 400 series slightly increased by 0.6% year on year to 16.33 million tons.
Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices