In October, the crude steel output in our country was 85.073 million tons, a decrease of 3.0% year-on-year.
18/11/2024
GMT Eight
On November 18, the China Iron and Steel Industry Association released a document stating that according to data from the National Bureau of Statistics, in October 2024, China's crude steel production was 81.88 million tons, an increase of 2.9% year-on-year; pig iron production was 70.26 million tons, an increase of 1.4% year-on-year; and steel production was 119.41 million tons, an increase of 3.5% year-on-year. From January to October, China's crude steel production was 850.73 million tons, a decrease of 3.0% year-on-year; pig iron production was 71.511 million tons, a decrease of 4.0% year-on-year; and steel production was 116.484 million tons, an increase of 0.5% year-on-year.
By industry, in October, out of 41 major categories of industries, 35 industries saw an increase in value-added on a year-on-year basis. Among them, the coal mining and washing industry grew by 4.5%, the oil and natural gas extraction industry by 5.8%, the agricultural and sideline product processing industry by 1.3%, the wine, beverage and refined tea manufacturing industry by 3.0%, the textile industry by 3.8%, the chemical raw materials and chemical product manufacturing industry by 6.9%, the non-metal mineral products industry by 2.6% decrease, the black metal smelting and processing industry by 4.0% growth, the non-ferrous metal smelting and processing industry by 7.7% growth, the general equipment manufacturing industry by 2.4% growth, the special equipment manufacturing industry by 3.0% growth, the automobile manufacturing industry by 6.2% growth, the railway, shipbuilding, aerospace and other transportation equipment manufacturing industry by 4.4% growth, the electrical machinery and equipment manufacturing industry by 5.1% growth, the computer, communication and other electronic equipment manufacturing industry by 10.5% growth, and the electricity, heat production and supply industry by 5.5% growth.