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

As per the China Iron and Steel Association (Cisa), China’s key iron and steel manufacturers produced 18,366mn mt of crude steel, 17,077mn mt of pig iron and 17,548mn mt of steel, all in mid-March 2020.

The crude steel output is 3.45% lower than the same period last year. Steel output is also .57% lower than mid-March 2019.


During this period, steel stock of key iron and steel producers was at 19,824mn mt, an increase over the February figure of 10,291mn mt. In the first 10 days of March steel stocks were at 15,847mn mt. 



Mid-March 2020 production data    
 Production mn/mt% change in daily output from previous 10 days % change in output from previous year Cumulative output this month mn/mt% change in daily output over mid-March, 2019
Crude steel    18,3661.55-3.4536,452-3.73 
Pig iron17,0770.740.9334,0290.22 

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