September 08, 2008

Chinese crude steel production in February up by 7.7% YoY

According to recent statistics, China’s production of crude steel in February amounted to some 38.88 million tonnes up by 7% YoY and the figure was down by 4.1% MoM.

As per statistics the production of pig iron in February was at 37.54 million tonnes down by 10.1% YoY and down by 2.8% MoM.

Besides, the production of hot rolled coils and hot rolled strip are at 5.832 million tonnes and 3.108 million up by 36.9% YoY 1.9% YoY respectively. China produced 2.8 million tonnes of medium plate up by 1.4% YoY.