|
BIZCHINA> Top Biz News
![]() |
|
China's crude steel output hits record high in August
(Xinhua)
Updated: 2009-09-10 13:18 China's crude steel output will probably hit another record high of around 51.65 million tons for August, statistics from the China Iron and Steel Association (CISA) show. The CISA estimated the August daily output at 1.67 million tons.
CISA data shows 71 of China's large-scale steel producers yielded 39.43 million tons of crude steel in August, up 1.97 percent compared to July; and daily production was 1.27 million tons. Rising steel prices and increased orders in July are considered the cause for the increase in output, said Zhang Ping, an analyst with Umetal.com. But crude steel output is likely to decrease in September because of a fall in its price, and because of an increase in inventory in August, said Zhang.
(For more biz stories, please visit Industries)
|
|||||||
宜兰县| 乡宁县| 旬邑县| 宾阳县| 繁昌县| 屯留县| 稻城县| 通州市| 美姑县| 克什克腾旗| 康平县| 越西县| 四子王旗| 大竹县| 望奎县| 荥经县| 河曲县| 宁陵县| 台北县| 宝山区| 儋州市| 乐都县| 黄浦区| 南部县| 翼城县| 连江县| 三门峡市| 天峻县| 安国市| 龙岩市| 钟祥市| 贺州市| 嘉峪关市| 广西| 延寿县| 尉氏县| 湘乡市| 黎平县| 开江县| 迭部县| 开远市|