China's National Bureau of Statistics announced that China's outputs of hot metal, crude steel and finished steel amounted to 864 million tonnes, 1.013 billion tonnes and 1.340 billion tonnes, down by 0.8% YoY, 2.1% YoY & 0.8% YoY, respectivelyChina’s outputs of hot metal, crude steel and finished steel amounted to 69.0 million tonnes, 77.9 million tonnes and 111.9 million tonnes in December 2022, down 4.6% YoY, 9.8% YoY & 2.6% YoY, while decreasing by 1.5% MoM, up by 4.5% MoM & 2.5% MoM, respectively, as demand for the material used in construction increased following stepped-up government support for the property sector.General Administration of Customs has announced last week said that China’s steel product exports in November 2022 were 5.59 million tonnes, up by 8% MoM & up by 28% YoY from 4.36 million in November 2021. Exports in the first 11 months of the year were up 0.4% YoY at 61.95 million tonnes.China's finished steel imports came to 752,000 tonnes in November, down 3% MoM & 47% YoY. In the January-November period this year, China imported 9.867 million tonnes of finished steel, down 26% YoY
China's National Bureau of Statistics announced that China's outputs of hot metal, crude steel and finished steel amounted to 864 million tonnes, 1.013 billion tonnes and 1.340 billion tonnes, down by 0.8% YoY, 2.1% YoY & 0.8% YoY, respectivelyChina’s outputs of hot metal, crude steel and finished steel amounted to 69.0 million tonnes, 77.9 million tonnes and 111.9 million tonnes in December 2022, down 4.6% YoY, 9.8% YoY & 2.6% YoY, while decreasing by 1.5% MoM, up by 4.5% MoM & 2.5% MoM, respectively, as demand for the material used in construction increased following stepped-up government support for the property sector.General Administration of Customs has announced last week said that China’s steel product exports in November 2022 were 5.59 million tonnes, up by 8% MoM & up by 28% YoY from 4.36 million in November 2021. Exports in the first 11 months of the year were up 0.4% YoY at 61.95 million tonnes.China's finished steel imports came to 752,000 tonnes in November, down 3% MoM & 47% YoY. In the January-November period this year, China imported 9.867 million tonnes of finished steel, down 26% YoY