Worldsteel reported Chinese crude steel production at 67.5 million tonnes in September, exactly the same as in September 2013 but 1.3% higher on an average daily basis compared to August 2014. Janaury-to-September crude steel production for 2014 was 2.5% higher than in the same period last year.
China’s net finished steel exports (exports-imports) in September were a record high at 7.2 million tonnes, which is almost double September 2013’s net exports. 7.2 million tonnes accounts for an 11% share of crude steel production, compared to an average 6% in 2012 when were started calculating the data. Year-to-September net finished steel exports were 49% higher in 2014 than in 2013.
China monthly crude steel production Sept 2004 to Sept 2014
thousand metric tonnes