Worldsteel reported crude steel production in China at 67.0 million metric tonnes in December, 1.8% higher than in December 2016. Taking into account Worldsteel revisions, full-year output in 2017 was 5.7% higher than it was in 2016.
In addition, China’s net finished steel exports (exports minus imports) were 4.5 million tonnes, 32.4% lower than in December 2016, while full-year 2017 net exports were 35.0% lower than in 2016. Full-year net exports as a portion of crude steel production fell from 12.2% in 2016 to 7.5% in 2017.
China monthly crude steel production 2006 to 2017
thousand metric tonnes
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