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  • MIIT: Chinese domestic output of crude steel to reach 0.62 billion tons

    2010-12-13 08:48:12   【Print】
    BEIJING (Asian Metal) 13 Dec 10 – Ministry of Industry and Information Technology (MIIT) estimates that the domestic output of crude steel will reach 0.Asian Metal Copyright7% year on year.Asian Metal Copyright62 billion tons in 2010.Asian Metal Copyright In 2009, the domestic production amount of crude steel was 0.Asian Metal Copyright Bingsheng Luo, the vice president of the committee appealed that China should endeavor to turn the country to the steel superpower one during the “Twelfth Five-Year Plan” period.
    In 2009, the domestic production amount of crude steel was 0.568 billion tons, accounting for 46.Asian Metal Copyright Currently the steel capacity is over 0.Asian Metal Copyright6% of worldwide level and exceeding the total of the following 20 countries.Asian Metal Copyright From this January to October, the output of crude steel was 0.Asian Metal Copyright Statistics of MIIT foresees that the average annual markup will be 12% during the “Eleventh Five-Year Plan” period.
    From this January to October, the output of crude steel was 0.525 billion tons, increasing by 10.Asian Metal Copyright In 2005, the output produced by ten domestic steel mills accounts for 35.Asian Metal Copyright7% year on year.
    In 2005, the output produced by ten domestic steel mills accounts for 35.4% of the national level and it increased to 43.Asian Metal CopyrightBEIJING Asian Metal 13 Dec 10 – Ministry of Industry and Information Technology MIIT estimates that the domestic output of crude steel will reach 0.Asian Metal Copyright5% in 2009, witnessing a yearly markup of 1.Asian Metal Copyright6%.Asian Metal Copyright6%.Asian Metal Copyright With the reorganization of Anshan Steel and Panzhihua Steel, Benxi Steel and Beitai Steel, Shougang Steel and Tonghua Steel as well as the recombination of Tianjin Bohai Iron Steel Corporation, the industrial concentration will be further improved.Asian Metal Copyright With the reorganization of Anshan Steel and Panzhihua Steel, Benxi Steel and Beitai Steel, Shougang Steel and Tonghua Steel as well as the recombination of Tianjin Bohai Iron & Steel Corporation, the industrial concentration will be further improved.

    Currently the steel capacity is over 0.7 billion tons, among which there is around 0.Asian Metal Copyright Statistics of MIIT foresees that the average annual markup will be 12% during the “Eleventh Five-Year Plan” period.Asian Metal Copyright1 billion tons over capacities.Asian Metal Copyright From this January to October, the output of crude steel was 0.Asian Metal Copyright It is hard for China to decide the price of import iron ore due to the large capacity as well as the distract structure.
    .Asian Metal Copyright Bingsheng Luo, the vice president of the committee appealed that China should endeavor to turn the country to the steel superpower one during the “Twelfth Five-Year Plan” periodAsian Metal Copyright
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