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China Iron and Steel Association: China’s steel prices rose in March

Final steel prices from January to February this year witnessed a slight upward trend amid the easing of Covid-19 measures and a slight improvement in demand from steel users, according to the China Iron and Steel Association (CISA).

From January to February, China’s average daily crude steel production was 2.859 million tonnes, up by 13.8 per cent over December last year. However, demand growth was not fast due to the poor performance of China’s real estate market.

Moreover, as of March 10 this year, iron ore prices for Chinese domestic production rose to 1,007 Yuan/t (148 dollars/t), up by 85 Yuan/t (12.5 dollars/t) or 9.22% compared to the beginning of this year.

While, the finished steel products prices increased by 5.34% in the specified period, which negatively affected the profitability of the steel industry companies.

For March, the traditional peak season steel demand will likely improve, which will drive steel prices up.


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لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.


92 Members

28 Board of Directors

17 Country

300.000 Employees

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