CISA: China's crude steel output to surpass 1 billion tons in 2020
Views : 291
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.
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
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
