Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

China’s Iron and Steel manufacturers produced 20.52mn mt of crude steel, 18.48mn mt of pig iron and 19.13mn mt of steel in early May, according to China Iron and Steel Association (CISA).

Inventory with the steelmakers was in the period was 14.66mn mt, a fall of  0.45pc from late April but up by 53.81pc from beginning of the year. 

Early May production

 Total (mn mt)Daily output 

% Change  

daily output


% Change  

daily output


Crude Steel20.52mn mt2.05mn mt0.281.97
Pig Iron18.48mn mt1.84mn mt1.340.58
Steel19.13mn mt1.91mn mt0.95-6.31

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