News summary

In April 2024, China's crude steel output fell by 7% year-on-yearcrash4steam.2% to 85.94 million tons, pig iron output decreased by 8.0% to 71.63 million tons, and steel output decreased slightly by 1.6% to 116.52 million tons. In the same period, the ferrous metal smelting and rolling processing industry achieved a growth of 2.0%, and the non-ferrous metal smelting and rolling processing industry grew significantly, reaching 11.4%.

Newsletter text

[In April 2024, my country's crude steel output fell by 7.2% year-on-year] According to the latest data, in April 2024, China's crude steel output was 85.94 million tons, a decrease of 7.2% from the same period last year. At the same time, total crude steel output in the first four months of this year reached 343.67 million tons, down 3.0% from the same period last year. [Pig iron output decreased by 8.0% year-on-year in April] In terms of pig iron output, China's output in April was 71.63 million tons, down 8.0% from the same period last year. From January to April this year, total pig iron output was 284.99 million tons, a year-on-year decrease of 4.3%. [Steel output achieved year-on-year growth from January to April] Although the monthly steel output in April reached 1.6%crash4steamThe year-on-year decline was 116.52 million tons, but the cumulative output in the first four months of this year was 451.03 million tons, a year-on-year increase of 2.9%. [The ferrous metal smelting and rolling processing industry grew by 2.0% in April] Among the 41 major industries, 36 industries achieved year-on-year growth in added value. It is particularly noteworthy that the ferrous metal smelting and rolling processing industry recorded a growth of 2.0% in April, while the non-ferrous metal smelting and rolling processing industry achieved a significant growth of 11.4%.