MIIT: COVID-19 imposes notable effects upon Chinese iron and steel industry in Q1
2020-04-23 16:56:40
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According to the Chinese Ministry of Industry and Information Technology (MIIT), China's iron and steel industry underwent notable effects from the COVID-19 in Q1 2020.Asian Metal Copyright In this period, the ferrous metal smelting and rolling processing industries reported a YOY increase of 0.Asian Metal Copyright In this period, the ferrous metal smelting and rolling processing industries reported a YOY increase of 0.Asian Metal Copyright31% in their total operation revenue to hit over RMB950 billion USD134 billion and a YOY decrease of 50.Asian Metal Copyright5% in its added value, down by 7.Asian Metal Copyright29 points, down by 5.Asian Metal Copyright4 percentage points from that in the same period of last year; price index for Chinese steel products averaged 102.Asian Metal CopyrightAccording to the Chinese Ministry of Industry and Information Technology MIIT, China's iron and steel industry underwent notable effects from the COVID-19 in Q1 2020.Asian Metal Copyright29 points, down by 5.Asian Metal Copyright5% in its added value, down by 7.Asian Metal Copyright0% YOY.Asian Metal Copyright4 percentage points from that in the same period of last year; price index for Chinese steel products averaged 102.Asian Metal Copyright Major large- and medium-sized iron and steel enterprises reported a YOY decrease of 5.Asian Metal Copyright In this period, the ferrous metal smelting and rolling processing industries reported a YOY increase of 0.Asian Metal Copyright31% in their total operation revenue to hit over RMB950 billion (USD134 billion) and a YOY decrease of 50.Asian Metal Copyright4 percentage points from that in the same period of last year; price index for Chinese steel products averaged 102.Asian Metal Copyright84% in their total profits to reach RMB18.Asian Metal Copyright4 percentage points from that in the same period of last year; price index for Chinese steel products averaged 102.Asian Metal Copyright322 billion (USD2.Asian Metal Copyright4 percentage points from that in the same period of last year; price index for Chinese steel products averaged 102.Asian Metal Copyright59 billion).
.Asian Metal CopyrightAccording to the Chinese Ministry of Industry and Information Technology MIIT, China's iron and steel industry underwent notable effects from the COVID-19 in Q1 2020Asian Metal Copyright
