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Chinese crude steel production fell year-on-year

China's crude steel production fell 6.4% in July compared to the previous year.

16.08.2022 - 11:00 Last Update : 16.08.2022 - 12:23

Chinese crude steel production fell year-on-year

China's crude steel production fell 6.4% compared to the previous year. It produced 81.4 million tons of crude steel in July. In June 2021, 90.7 million tons of crude steel was produced.

According to the forecast of the China Metallurgical Industry Planning and Research Institute, China's steel consumption is expected to fall to 947 million tons this year.

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