Daily Average Crude Steel Output of Member Steelmakers in September 21-30, 2021

14 October 2021
Daily Average Crude Steel Output of Member Steelmakers in September 21-30, 2021

          CISA Members, During September 21-30, 2021, CISA member steel manufacturers produced 17.6882 million tons of crude steel, 16.8123 million tons of pig iron, 18.6408 million tons of steel products.

          Daily output of crude steel at CISA member steel manufacturers was 1.7688 million tons, down 11.18% from the daily output during September 11-20; daily output of pig iron was 1.6812 million tons, down 5.81% from the daily output during September 11-20; daily output of steel products was 1.8641 million tons, down 3.37% from the daily output during September 11-20.

          National Output, It’s estimated that during September 21-30, 2021, China produced 23.4624 million tons of crude steel, 21.1147 million tons of pig iron, 32.2161 million tons of steel products.

          On daily basis, China produced crude steel of 2.3462 million tons, down 10.5%; pig iron of 2.1115 million tons, down 5.68%; steel products of 3.2216 million tons, down 3.27%.

          Inventory, Finished steel products inventories of CISA members totaled 11.9544 million tons during September 21-30, 2021, down 1.348 million tons or 10.13% from September 11-20, 2021.

          In late September, steel mills made every efforts to reduce production. As a result, the output of crude steel and pig iron dropped significantly. Inventories at mills also declined, and steel mills had no sales pressure. After the National Day holiday, some steel mills resumed production, lifting BF and EAF operating rate. SteelHome expects that China’s crude steel production will rebound in October, but the growth will be limited.

 

--steelhome


Source : steelhome

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