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release time: 2020 - 01 - 20
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BEIJING - China's demand for steel is expected to register an uptick in 2020, according to a guild report.The country's steel demand is forecast to climb 2 percent year-on-year to reach 890 million tons in 2020, said the China Iron and Steel Industry Association (CISA) in a report.The steel demand of the construction and home appliance industries is expected to maintain expansion while that of the automobile, ship-building, container-manufacturing and machinery sectors will see negative growth in 2020.China's steel market witnessed hot demand in 2019 thanks to the steady operation of infrastructure building, real estate and other downstream industries.Steel consumption totaled about 880 million tons in 2019, up 6 percent year-on-year from 2018, the report estimated.
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China's steel industry is entering a new development phase of slower output growth but higher quality, industry experts said.Latest data from the Ministry of Industry and Information Technology showed China's crude steel output reached 904 million metric tons over the January-November period, increasing 7 percent year-on-year-nearly 3 percentage points lower than the year-on-year crude steel output growth rate for the first half of 2019, which stood at 9.9 percent.The China Metallurgical Industry Planning and Research Institute predicted in a recent report that both China's crude steel output ...
发布时间: 2019 - 12 - 27
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BEIJING - China's crude oil production rose 0.9 percent year-on-year to 15.7 million tons in November, according to the National Bureau of Statistics (NBS).The growth rate was up 0.9 percentage points from the previous month, while the country's daily average output of crude oil increased 3,000 tons to 523,000 tons.In the first 11 months of the year, China's crude oil output totaled 174.95 million tons, up 1 percent from the previous year, the NBS data showed.Imports of crude oil rose 6.7 percent year-on-year to 45.74 million tons in November, while during the January-November period the impor...
发布时间: 2019 - 12 - 23
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Major economic indicators performed better than expected in November, showing that the Chinese economy made progress in stability despite challenges both at home and abroad, according to the National Bureau of Statistics on Monday.The country's industrial output, an important economic indicator, increased by 6.2 percent year-on-year last month, compared with 4.7 percent for October, the NBS said.Retail sales rose by 8.0 percent year-on-year in November, compared with 7.2 percent in the previous month, the bureau said.Fixed-asset investment expanded by 5.2 percent in the first 11 months, unchan...
发布时间: 2019 - 12 - 16
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