Chinese steel mills produce record 81.24 million tonnes of crude steel in July

China’s statistics bureau announced that China July crude steel output hit highest on record on monthly basis at 81.24 million tonnes or average daily quantity of 2.62 million tonnes (2.62×365=956)

Item	July’18	YoY	Jan-Jul’18	YoY	July Comments
Crude Steel	81.24	+7.2%	532.85	+6.3%	Highest ever
Coal	281.5	+2%	1980	+3.4%	Lowest since Sept 2016
Coke	35.51	-4.3%	247.46	-3.3%	Lowest since Dec 2017
Non Ferrous Metals	4.62	+8.5%	31.36	+3.9%	Highest since Dec 2017
Power Generation	640 bln kWh	+5.7%	3.84 trln kWh	+7.8%
Crude oil throughput	50.75	+11.6%	350.57	+9.2%

In million tonnes

NBS

Source : STRATEGIC RESEARCH INSTITUTE, STEELGURU

Yaang Pipe Industry Co., Limited (www.yaang.com)