In the first three quarters, China's crude steel output was 747.82 million tons, up 8.4% year-on-year, up 2.3 percentage points year-on-year; steel output was 909.31 million tons, up 10.6%, up 3.4 percentage points. Coke output was 354.36 million tons, up 6.3%, down 2.3% in the same period last year. The output of ferroalloys was 25.65 million tons, up 11.5%, up 8.5%. Steel exports reached 50.31 million tons (according to Customs Statistics), down 5% year on year; steel imports reached 8.75 million tons, down 12.2%. The import of iron ore was 784.22 million tons, down 2.4%. The export of coke was 5.16 million tons, down 25.4%.
Steel prices are down from last month. In September, the domestic steel price composite index averaged 106.20 points, down 0.65 points from the previous month, down 15.76 points year on year. The average price of 8mm high-speed wire is 4084 yuan / ton, up 0.4% over the previous month, down 14.3% year on year; the average price of 20mm medium steel plate is 3850 yuan / ton, down 1.5% over the previous month, down 14.7% year on year; the average price of 1.0mm cold-rolled steel coil is 4378 yuan / ton, up 0.2% over the previous month, down 2.9% year on year.
