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In April, The Country Produced 21.116 Million Tons Of Steel Bars

Date: 23/05/2020   View: 131   Tags: Produced Steel Bars
According to the latest data from the Statistics Bureau, in April 2020, industrial enterprises above designated size produced 21.116 million tons of steel bars, an increase of 1.1% year-on-year and an increase of 11.0% month-on-month.

According to estimates, the average daily output of steel bars in April was 704,000 tons, an increase of 91,000 tons per day from March, an increase of 14.8%.

From January to April, a total of 74.17 million tons of steel bars were produced, a decrease of 1.0% year-on-year, which was 0.9 percentage points narrower than the decrease in March.

According to the analysis, January-February coincided with the traditional Chinese New Year, and the new crown epidemic occurred at the end of January, which directly led to the delay in the resumption of domestic enterprises in February. affected. In March, when the epidemic situation improved, the process of enterprise resumption and production was accelerated, and downstream demand was gradually opened, but the demand growth rate was limited, and the spread of the epidemic restrained foreign order demand, and steel companies accumulated stocks. In April, the domestic downstream demand was basically opened, the demand for building materials and other materials increased significantly, the consumption of steel stocks, the production enthusiasm of steel companies increased, and the average daily output of steel bars and wire rods increased significantly.

The data also shows that in April, the output of medium-thick wide steel strip was 12.973 million tons, a year-on-year increase of 4.0%. According to calculations, the average daily output of medium-thick and wide steel strips in April was 434,200 tons, an increase of 75,000 tons / day or 1.77% from the average daily output in March.

The output of wire rod (wire rod) in April was 12.937 million tons, down 3.1% year-on-year. According to estimates, the average daily output of wire rod (wire rod) in April was 431,200 tons, an increase of 59,600 tons / day from March, an increase of 16.04%.

From January to April, the production of medium-thick and wide steel strip was 51.822 million tons, an increase of 8.8% year-on-year; the production of wire rod (wire rod) was 46.416 million tons, a decrease of 3.1% year-on-year.

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