For October alone, China produced 71.58 million tonnes of crude steel or down 2.9% on month, and the daily crude steel output last month hit the lowest since January 2018, reaching 2.31 million tonnes/day or having slid on month for the sixth straight month by another 6.1%, Mysteel Global calculated based on the NBS data.

Last month’s decline in shipments abroad showed that the central government’s policies discouraging the export of finished steel products are having some impact, market observers noted.

As the global steel industry advances low-carbon development, the maximum utilization of steel scrap will be the most practical approach to help reduce carbon emissions in the near- to medium-term future, suggests Zhong Shaoliang, chief representative of the Beijing office of the World Steel Association (WSA).

China’s total crude steel output fell significantly during the first seven months of this year, down 6.4% on year to 609.3 million tonnes, according to the latest data released by the country’s National Bureau of Statistics on August 15.

Stainless Steel Welded Pipe Manufacturers An OverviewIn the modern industrial lands

Temporary Steel Structures An OverviewTemporary steel structures have become an int

Steel Structures for Water Tanks An OverviewSteel structures have become a popular

Understanding Galvanized Steel Tube SizesGalvanized steel tubes are widely used in v

steel

Understanding 16% Steel Casing Pipe Properties and ApplicationsCasing pipes are int

Navigating the world of pipe fittings and flanges requires a nuanced understanding of both the produ

In the intricate world of industrial manufacturing, selecting the right pipe flange manufacturers is

Finding reliable cast iron fittings manufacturers can be a daunting task, especially when looking to

Choosing the right steel structure manufacturer is crucial for the success of any construction proje

Finding the right steel structure supplier can significantly impact the success of any construction

When it comes to constructing durable, cost-effective, and versatile spaces, few options match the a

In the world of construction, metal building manufacturers have carved out a reputation for providin

Pipe wholesale serves as a critical junction in numerous industries, facilitating an efficient suppl

The realm of industrial materials is ever-evolving, and when it comes to efficient transportation an

In the fiercely competitive market of industrial goods, finding a reliable and quality source for st