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SSY News
 CHINA PRODUCES 30.4 MT OF STEEL IN SEPTEMBER |
19-10-2005 |
The latest data from the International Iron and Steel Institute show that China produced 30.4 Mt of steel in September (+22% year-on-year), just short of August’s record total of 30.5 Mt. Other traditional steel-making centres witnessed YOY output falls last month. US September output totalled 7.8 Mt (-7%), production in the EU-25 was 15.0 Mt (-9%), while FSU output reached 8.8 Mt (-7%). The IISI data show that world steel production rose 3.5% YOY in September to 92.1 Mt with the total for the first nine months of the year hitting 818.9 Mt compared with 770.2 Mt in the first nine months of 2004.
According to China’s Customs Statistics, China imported 23.0 Mt of iron ore in September, showing only a very minor decline from August. In January-September, the Chinese steel industry imported 198.9 Mt, 48.0 Mt more than in the same period last year. |
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