According to the latest data of China Iron and Steel Association, in mid January 2022, the average daily output of crude steel of key steel enterprises was 1.9873 million tons, an increase of 1.05% month-on-month; The steel inventory was 13.1501 million tons, an increase of 227,700 tons, up 1.76% over the previous ten days, HP graphite electrode is wildely used in EAF furnace.

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Key statistics of iron and steel enterprises  production and inventory

Mid January 2022

Information Statistics Department of China Iron and Steel Association

In mid-January 2022, according to key statistics, iron and steel enterprises produced 19.8731 million tons of crude steel, 17.5146 million tons of pig iron and 19.1871 million tons of steel. Among them, crude steel daily production was 1.9873 million tons, up 1.05%; Pig iron daily output was 1.751,500 tons, up 0.08% month-on-month; Steel daily output was 1.918,700 tons, up 1.68% month-on-month.

According to the statistics of the ten day report in the middle of January, in January (i.e., accumulated to mid January) key steel enterprises accumulated daily output of crude steel was 197. 70 million tons, a month-on-month decrease of 0.23% and a year-on-year decrease of 11.20%; Pig iron daily output was 1.7507 million tons, an increase of 1.10% month-on-month and a year-on-year decrease of 10.10%; steel products daily output was 1.929 million tons, an increase of 1.86% month-on-month and a year-on-year decrease of 9.78%.

Key statistics of iron and steel enterprises main steel products production

According to the key statistics on the output of iron and steel enterprises, the country produced 25.396 million tons of crude steel, 20.96 million tons of pig iron and 32.94 million tons of steel. The national daily output of crude steel was 253.4 million tons, up 0.65%, pig iron was 209,640 tons, down 0.05%, steel was 3.2942 million tons, up 1.05%.

According to key statistics, the output of iron and steel enterprises is estimated. In this ten day period, the country has produced 25.3396 million tons of crude steel, 20.9635 million tons of pig iron and 32.9423 million tons of steel. The national crude steel daily output was 2.534 million tons, up 0.65% month-on-month, pig iron daily output was 2.0964 million tons, down 0.05% month-on-month, and  steel daily output was 3.2942 million tons, up 1.05% month-on-month.

According to this estimate, in January (i.e., accumulated to the mid January) crude steel national daily output was 2.2558 million tons, decreased by 9.15% month-on-month and decreased by 14.84% year-on-year; Pig iron daily output was 2.0969 million tons, decreased by 9.84% month-on-month and decreased by 14.53% year-on-year. Steel products daily output was 3.2771 million tons, decreased by 10.53% month-on-month and decreased by 7.72% year-on-year.

Key statistics of iron and steel enterprises inventory

In the middle of January 2022, key statistics on steel inventory of iron and steel enterprises reached 13.1501 million tons, an increase of 227,700 tons, up 1.76% over the previous ten days. Compared with the beginning of the year (i.e., the end of last month), an increase of 1.853 million tons, an increase of 16.40%; A decrease of 419,900 tons, down 3.09% over the previous ten days last month. A decrease of 89.30 million tons, down 6.36% compared with the same period last year, contacting us to get more iron and steel market news. (Information Statistics Department)