Trade Resources Economy China's Average Daily Crude Steel Production Capacity This Year Raises by 6.1%

China's Average Daily Crude Steel Production Capacity This Year Raises by 6.1%

In Feb.1-10 this year, China’s average daily crude steel production capacity include large and medium-sized steel enterprises amounted approximately to 1.7014 million tons this year, raise by 6.1% compared to Jan. 21-31, according to The China Iron and Steel Association (CISA) reported. Even though the cost of raw materials were so expensive in early February, China’s crude steel orders and steel price still had a large improvement due to Chinese steelmakers’ increased enthusiasm for production.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63159&division=A2
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China's Average Daily Crude Steel Output Sees a Big Improvement in Early Feb.
Topics: Metallurgy