Industry News

China’s steel output may reach 1.03 billion tons in 2021

Views : 146
Update time : 2022-01-10 20:51:53
According to the market prediction, the total output of steel products in China might reach 1.03 billion tons in the whole of 2021, as the number has already reached 946 million tons in the first 11 months of 2021.

Compared to 2020, the 2021 output of steel products in China faced a slight decrease of approximately 3.3%, with around 35 million tons.

By some of the sources, the steel inventory touched the peak in mid-March of 2021, and the balanced market demand and supply provided a good environment for downstream steelmakers to grow.
Related News
Read More >>
South Africa launches critical minerals strategy, opens new mining law for public comment South Africa launches critical minerals strategy, opens new mining law for public comment
May .22.2025
South Africa launches critical minerals strategy, opens new mining law for public comment
China's iron ore production declines in Jan-Apr China's iron ore production declines in Jan-Apr
May .22.2025
China's iron ore production declines in Jan-Apr
US’ steel coil exports go up in Mar US’ steel coil exports go up in Mar
May .22.2025
US’ steel coil exports go up in Mar
US increases CRC imports in Mar US increases CRC imports in Mar
May .22.2025
US increases CRC imports in Mar