China Iron and Steel Sector Report 2019 4th QuarterAn EMIS Insights Industry Report
EMIS is an ISI Emerging Markets Group Company Date: February 2020
Available in: English
According to data from China Iron and Steel Association (CISA), in the third quarter of 2019, China produced 255.7mn tonnes of crude steel and 322.4mn tonnes of steel products, representing y/y increases of 3% and 11.1%, respectively. Figures from the National Bureau of Statistics (NBS) show that over this period the utilisation rate of China’s ferrous metal smelting and pressing sector’s production capacity rose to 79.4%, up by 0.7 pp from Q3 2018. The output of steel and steel products in China recorded strong y/y growth, which was mainly attributed to the more relaxed policy in iron and steel production after the curbs of 2018-2019 winter period. Then production restrictions were imposed based on the emission levels at each steel mill, allowing some well-performing steel plants to
increase their output. In the first three quarters of 2019, most of the cities of the so called “26 + 2” group in Beijing-Tianjin-Hebei area had lower PM 2.5 concentrations compared with the same period of the previous year, which reduced the pressure on iron and steel mills to reduce output. Many companies have been implementing pollution control measures, as a result of which the environment related production curbs have been relaxed.
This report provides a complete and detailed analysis of the iron and steel casting sector for China. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.
What this report allows you to do:
- Understand the key elements at play in the iron and steel casting sector in China
- Access forecasts for growth in the sector
- View key data on production and sales of iron, steel and products thereof in China
- Crystallise the forces both driving and restraining this sector in China
- Build a complete perspective on sector trade, investment and employment
- Understand the competitive landscape and who the major players are
- View M&A activity and major deals
- Gain an understanding of the regulatory environment for the sector in China
- Build a clear picture of trends and issues for sub-sectors (e.g. iron ore, crude and finished steel, pig and sponge iron).
See below for a complete table of report contents: