In March this year, the average aggregate daily crude steel output in China amounted to 2.2661 million mt, up 2.2 percent compared to the average daily figure recorded in the January-February period this year and constituting a new record high, as announced by China's National Bureau of Statistics (NBS) on April 16. In March, the average aggregate daily finished steel output in China totaled 3.0668 million mt, up 9.18 percent from the daily average for the January-February period.
China's crude steel output amounted to 70.25 million mt in March, up 2.2 percent, while the total crude steel production for the first quarter was 202.7 million mt, rising by 2.4 percent, both year on year. China produced 61.55 million mt of pig iron in March, down 0.9 percent, while it produced 179.7 million mt in the first quarter, up 0.1 percent, both year on year. Chinese finished steel production in March came to 95.07 million mt, up five percent, while the figure for the whole of the first quarter amounted to 261.41 million mt, up 5.3 percent, both on year-on-year basis.
