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Chinese steelmakers have received more revenue and profit for 8 months

Asia

China plants not only the production of iron and steel - along with the growth of smelting increase revenue and earnings.

Chinese steelmakers have received more revenue and profit for 8 months

According to official data, the metallurgical industry of China in the first eight months showed revenue growth of 8.9 percent year-on-year.

According to the Ministry of industry and information technology of the PRC, in the first eight months of revenues from the steel business made up 5.58 trillion yuan (about 788,7 billion US dollars).

In the period from January to September, the production of pig iron in China exceeded $ 612 million tonnes, which is 6.3 percent more than in the previous year, and the volume of production of raw steel rose 8.4 percent from a year earlier to 748 million tons.

During the reporting period, production of steel products in Russia grew by 10.6 percent year-on-year to 909 million tons.

steel Exports decreased by 5% to about 50,3 million tons, while imports fell by 12.2 percent to 8,75 million tons in the first three quarters, more details on https://blogun.ru/covariationiacabf.html.

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