Ferrosilicon Daily Express 11.5

  • Thursday, November 5, 2020
  • Source:ferro-alloys.com

  • Keywords:Ferrosilicon futures spot
[Fellow]China's steel sector registered output expansion in September as the country's economic recovery maintains momentum, industrial data showed.
[Ferro-Alloys.comChina's steel sector registered output expansion in September as the country's economic recovery maintains momentum, industrial data showed.

Crude steel output rose by 10.92 percent to reach 92.56 million tons in the period, with a daily output of 3.09 million tons, according to the China Iron and Steel Association (CISA).

The output of pig iron gained 6.93 percent year-on-year to hit 75.78 million tons last month, while that of rolled steel reported a year-on-year increase of 12.33 percent, according to the CISA.

The association expected this year's total output of crude steel to exceed 1 billion tons, representing year-on-year growth of 3 to 5 percent.

  • [Editor:kangmingfei]

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