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China’s steel output down 8.7% in January-May 2022

In the January-May period of the current year, China’s outputs of pig iron, crude steel and finished steel amounted to 360.87 million mt, 435.02 million mt and 549.31 million mt, decreasing by 5.9 %, 8.7 % and 5.1 %, respectively, year on year, as announced by China’s National Bureau of Statistics (NBS).

Though the production in China continued to post declines compared to last year due to slower demand and Covid-19 restrictions, some recovery was seen in May compared to April.

In May, China’s outputs of crude steel and finished steel amounted to 96.61 million mt and 122.61 million mt, down 3.5 % and 2.3 % year on year, and up 4.1 % and 6.8 % month on month, respectively.

At the same time, pig iron production totaled 80.49 million mt In May, up 2.0 % year on year and up 4.8 % month on month.

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Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

AISU is a non-governmental organization of a private nature, not of a political or commercial nature.

AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

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