China steel market information next week 20/11/2017

In the first 10 months of 2017, China's basic metal production reached 7.371 million tonnes, up 6.3% from the same period last year. China scrap steel imports expected to remain firm.
 
Chinese scrap steel production will increase in the second half of this year, so import of scrap steel is expected to slow. Market participants said that China's scrap steel imports this year will not change much from last year, reaching about 2.2 million tonnes.

China's import of scrap steel in September 2017 reached 148,000 tonnes, down 15.4 percent (or 27,000 tonnes) from the same month last year. In the first nine months of 2017, China scrap steel imports reached 1.743 million tonnes, up 13.9 percent (or 213,000 tonnes) in the same period last year.

 
China's stainless steel production in the third quarter of 2017 increased by 7.97%, consumption increased by 10.27%
 
China's crude steel output for the first three quarters of 2017 reached 19.66 million tonnes, up 7.97 percent or 1.45 million tonnes year-on-year, the CSSEA statistics showed.

Total output of Ni-Cr alloys (300 types) reached 10.79 million tons, up 1.5 million tons, or up 16.22% over the same period last year, accounting for 54.86% of total output; Cr (400 series) production reached 3.77 million tonnes, up 7.96% to 277,800 tonnes year-on-year, 19.15% of total production.
In the first three quarters of 2017, China imported 755,700 tonnes of stainless steel, up 42.64 per cent year on year, exports up 3.03 million tonnes, up 3.51 per cent or 103,000 tonnes over the same period. last year.

 
China's basic metal output statistics in October 2017
 
The latest data released by China's National Bureau of Statistics shows that China's refined copper production in October 2017 reached 781,000 tonnes, up 6.3 percent from the same month last year. In the first 10 months of 2017, China's basic metal production reached 7.371 million tons, up 6.3% over the same period last year.
 
Among them, lead output in China in October 2017 reached 416,000 tons, down 1.4% over the same month last year, zinc output reached 577,000 tons, an increase of 3.8% over the same month last year, Preliminary aluminum production was 2.546 million tonnes, down 7.5 percent from the same month last year.