CISA: China's iron and steel output increase driven entirely by domestic demand
2019-07-30 17:37:47 [Print]
Chin's production of pig iron, crude steel and finished steel products in the first half of 2019 was up by 7
. 9%, and 9 . 9% and 11 . 4% YOY respectively to 404 million tons, 492 million tons and 587 million tons, according to data from China Iron and Steel Association (CISA) . The increase in production is driven entirely by domestic demand . The total increase in output of crude steel for H1 2019 was 44 . 34 million tons by statistical standard for the material . The increased output was mainly for domestic consumption.