Related News
China sees 3.1% growth of steel output in 2012
Source: Xinhua |
February 10, 2013, Sunday
|
Online Edition
Online Edition
CHINA produced 716.54 million tonnes of crude steel in 2012, up 3.1 percent over the previous year; 657.91 million tonnes of iron, up 3.7 percent; and 951.86 million tonnes of steel, up 7.7 percent.
Compared with the previous year, the growth rates of the three products fell by 4.2, 4.7 and 2.2 percentage points, respectively, according to a report from the Ministry of Industry and Information Technology.
In 2012 China exported 55.73 million tonnes of steel, up 14 percent, while imported 13.66 tonnes of steel, down 12.3 percent. The total import of iron ore stood at 743.55 million tonnes, up 8.4 percent, with an average price of 128.6 U.S. dollars per tonne, down 35.4 U.S. dollars per tonne.
Due to sharp decline of steel prices, steel enterprises were selling steel at almost no profit, and fixed asset investment in the industry went up slightly by 3 percent to 658.4 billion yuan.
The report says in 2013 China's planned output of crude steel is about 750 million tonnes, with the apparent consumption stand at 700 million tonnes.
Compared with the previous year, the growth rates of the three products fell by 4.2, 4.7 and 2.2 percentage points, respectively, according to a report from the Ministry of Industry and Information Technology.
In 2012 China exported 55.73 million tonnes of steel, up 14 percent, while imported 13.66 tonnes of steel, down 12.3 percent. The total import of iron ore stood at 743.55 million tonnes, up 8.4 percent, with an average price of 128.6 U.S. dollars per tonne, down 35.4 U.S. dollars per tonne.
Due to sharp decline of steel prices, steel enterprises were selling steel at almost no profit, and fixed asset investment in the industry went up slightly by 3 percent to 658.4 billion yuan.
The report says in 2013 China's planned output of crude steel is about 750 million tonnes, with the apparent consumption stand at 700 million tonnes.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
