In early may focus on steel mills to 1.82 million tons of crude steel production innovation ring increased 1.57%

May 16 - China Steel Industry Association Xunbao latest data show that in early May the focus of the statistical average daily production of crude steel enterprises 1,824,100 tons, a record high, and compared with growth of 1.57% in late April.

CISA issue Xunbao unpublished data for the second consecutive national estimates of crude steel output data. According to CISA statistics, statistical emphasis in early May average daily production of pig iron and steel enterprises 1.7504 million tons, representing a growth of 0.55% in late April.

National Bureau of Statistics latest figures show that China's crude steel in April average daily production of up to 2,294,700 tons, compared with March average daily production increased by 1.26 percent, a record high.

China Iron and Steel Association said Thursday, the second quarter is the peak season for steel consumption, demand will increase, but the increase was not too much. By the release of excess steel production capacity, steel production fell sharply difficult, the oversupply situation is difficult to reverse, the latter is still difficult sharp rebound in steel prices will continue to show low volatility running posture.