Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

In mid-May, China’s steel companies produced 20.80mn mt of crude steel, 18.68mn mt of pig iron, 19.59mn mt of steel, according to China Iron and Steel Association (CISA). 

In the period, inventories with steel enterprises  were at 14.88mn mt,  up by 1.51pc from early May and by 56.13pc from the beginning of the year. 

Mid-May production

  Daily Output 

% Change 

daily output 

Y-o-Y

% Change 

 daily output 

 M-o-M

Crude Steel20.80mn mt2.08mn mt1.881.4
Pig Iron18.68mn mt1.86mn mt2.61.1
Steel19.59mn mt1.95mn mt3.172.43
     

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