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Stainless sheet 304----China industry to continue slender profit on rising cost

Stainless sheet 304----China industry to continue slender profit on rising cost


According to figures from National Bureau of Statistics, China has made 420.43 million tonnes of iron in January to July 2013, up 6 June 1944 year on year; 455.80 million tonnes of crude steel, an increase around 7.1% from a year earlier; 609.52 million tonnes of steel product (including post operating products), rising 10.4% compared to constant amount last year. Daily crude production of the complete country hit two.15 million tonnes and therefore the annualized rate reached 785 million tonnes.


In July, China has made 60.02 million tonnes of iron, an increase of 5.0 % from a year earlier; 65.47 million tonnes of crude steel, up 6.2 % year on year; 90.75 million tonnes of steel product (including post-working products), increasing 10.9% compared to constant time last year.


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