Industry News

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

Views : 298
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 >>
India’s Bansal Wire Industries expends stainless steel wire capacity at Uttar Pradesh facility India’s Bansal Wire Industries expends stainless steel wire capacity at Uttar Pradesh facility
Apr .24.2025
India’s Bansal Wire Industries expends stainless steel wire capacity at Uttar Pradesh facility
China’s alumina exports surge in Mar due to domestic oversupply China’s alumina exports surge in Mar due to domestic oversupply
Apr .24.2025
China’s alumina exports surge in Mar due to domestic oversupply
Ferromolybdenum prices rise sharply in China, raising stainless steel costs Ferromolybdenum prices rise sharply in China, raising stainless steel costs
Apr .24.2025
Ferromolybdenum prices rise sharply in China, raising stainless steel costs
Fagersta Stainless upgrades with Danieli’s new stainless steel blooming mill for high-quality products Fagersta Stainless upgrades with Danieli’s new stainless steel blooming mill for high-quality products
Apr .24.2025
Fagersta Stainless upgrades with Danieli’s new stainless steel blooming mill for high-quality products