The Coal Trader

Chinese Steel Production in Early December

In early December 2023, key steel companies produced a total of 19.3161 million tons of crude steel, 18.1432 million tons of pig iron, and 19.1252 million tons of steel products. Among them, the daily output of crude steel was 1.9316 million tons, a decrease of 4.19% from the previous month, a decrease of 2.77% compared with the same period last year, and a decrease of 0.14% compared with the same period last year.

The daily output of pig iron was 1.8143 million tons, a decrease of 3.21% from the previous month, and a decrease of 0.14% compared with the same period last year. An increase of 1.76%, a year-on-year increase of 10.51% compared with the same period last year; the daily steel production was 1.9125 million tons, a month-on-month decrease of 12.26% (affected by the centralized settlement of some member companies at the end of last month, the month-on-month changes in the daily steel production this ten days are similar to the month-on-month changes in the daily production of iron and steel The difference is large. Excluding this influencing factor, the daily steel production of member companies this month decreased by 4.48% month-on-month), increased by 0.79% compared with the same period last year, and increased by 6.29% compared with the same period last year.

According to this estimate, the country’s daily crude steel production this ten days was 2.4846 million tons, a month-on-month decrease of 3.57%, the daily iron production was 2.1839 million tons, a month-on-month decrease of 2.87%, and the daily steel production was 3.4778 million tons, a month-on-month decrease of 3.81%.

In early December 2023, according to statistics, the steel inventory of key steel companies was 14.106 million tons, an increase of 1.1429 million tons or 8.82% from the previous month (i.e. late November); a decrease of 583,600 tons or 3.97% from the same period last month. %; an increase of 1.0316 million tons or 7.89% compared with the end of last year; a decrease of 1.2354 million tons or 8.05% compared with the same period last year; an increase of 763,500 tons or 5.72% compared with the same period last year.