Industry News

CISA: China's crude steel output to surpass 1 billion tons in 2020

Views : 290
Update time : 2020-10-28 16:10:22
China Iron and Steel Association (CISA) expected that China's crude steel output will surpass 1 billion tons this year, with a year-on-year increase of 3-5%.

The annual steel export volume in 2020 was estimated to drop by approximately 15% year on year, and the import volume was foreseen with the growth of 60% for this year.

In addition, it was expected that the key steel enterprises in China will realize profits of roughly RMB 180 billion in 2020, a possible slight decrease or keeping flat year on year.
Related News
Read More >>
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Mar .12.2025
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Mar .12.2025
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they? Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
Mar .12.2025
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
International crude oil prices increase on Mar 11 International crude oil prices increase on Mar 11
Mar .12.2025
International crude oil prices increase on Mar 11