Date
23 October 2017

Crude steel production accelerates to 8.3% Jan-Oct, report says

China’s crude steel output rose 8.3 percent from a year earlier to 652.48 million tons in the first ten months of 2013, faster than the 2.1 percent growth recorded in the same period last year, Xinhua news agency reported Thursday, citing the nation’s top economic planner. Output of rolled steel rose 11.6 percent from a year ago to 888.32 million ton during the period, 5.3 percentage points more than the growth in the same period last year, the National Development and Reform Commission was quoted as saying on its website. From January to October, steel exports increased 13.6 percent year on year to 51.97 million tons, while imports edged up 0.6 percent to 11.62 million tons.

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