News Column

China Steelmaking Profits Up 28.9% in 2013

January 29, 2014

SHANGHAI , January 29 , SinoCast -- China's steelmaking industry profited CNY 258.8 billion in 2013, up 28.9% year on year. In detail, ferrous metal mining and dressing profited CNY 105 billion and steel metallurgy and processing profited CNY 130.5 billion , up 1.8% and 60% year on year, according to the National Development and Reform Commission . Nationwide crude steel output was 779.04 million tons, up 7.5%; steel product output was 1.07 billion tons, up 11.4%; coke output was 476.36 million tons, up 8.1%; iron alloy output was 37.76 million tons, up 14.7%. Data show that iron sand imports were 819.41 million tons, up 10.2%; steel product exports and imports were 62.34 million and 14.08 million tons, up 11.9% and 3.1%; coke exports were 4.67 million tons, up 3600%.


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Source: Sinocast Metals, Mining & Chemicals Beat (China)


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