crude steel

Heavy industry seems to be shifting into a lower gear, with China's crude steel output growing at its slowest pace in a year in June.

Global crude-steel production fell in March in every major market, including China, which had increased production earlier in the year.

Spot iron ore and coking coal prices hit their highest level in two years early this month as crude steel production surged.

Crude steel production jumped in August to a fresh monthly record.

Figures published yesterday showed crude steel output for June, on a daily average basis, fell 1 per cent from May.

Higher than expected crude steel production might increase iron ore price.

China accounted for about 47% of the world's total crude steel output in September.

The crude steel and cement consumption will need 10 years and the energy consumption will need 15 years to reach the peak in western China.

Growth in output of crude steel also dipped in October.

Hebei recorded 2. 42m metric tonnes of crude steel output in November, slightly more than Baosteel.

Last year China used twice as much crude steel as the European Union, United States and Japan combined.

He forecast Chinese crude steel production of 505m-510m tonnes this year.

Imports of iron ore rose 8. 1% in the first five months, and production of crude steel is up 8. 5%.

Influence of energy saving in iron and steel industry on environmental load per ton crude steel