News Center
The latest statistics show that in February 2011 the world's 64 major steel producing countries and regions total crude steel output reached 117 million tons, an increase of 8.8%, while China increased by more than the global average, reaching 54.31 million tons, an increase of 9.7% The
As the world's largest steel producer, China's crude steel production led to an increase in global crude steel production. According to statistics, deducted 55.31 million tons of mainland China's monthly production, global crude steel production in February increased by only 8.1% year on year. According to the International Steel Association's previous statistics, China's crude steel production in January 52.8 million tons, an increase of only 0.5%. This also means that although February less than three days in January, while China's crude steel production is still achieved year-on-year, the chain both rise.
On the other hand, the recovery of the global steel industry also led to crude steel production. Global crude steel production capacity utilization in February was 82.0%, slightly higher than 80.9% in January, compared with February last year, an increase of about 2.7 percentage points.
Analysis of the industry, the global steel market in March were mixed, Europe and the United States steel mills operating rate continues to increase, the Japanese mills caused by the earthquake downtime operating rate decline is expected in March the global average daily production will remain largely in February level.