Latest News:  
Beijing   Sunny/Overcast    20 / 13   City Forecast

Home>>China Business

China's crude steel output up 10.7 pct in first three quarters

(Xinhua)

13:01, October 22, 2011

BEIJING, Oct. 22 (Xinhua) -- China's crude steel output climbed 10.7 percent year-on-year in first three quarters to 525.74 million tonnes, according to latest data provided by the country's top economic planner.

The National Development and Reform Commission (NDRC) said in a statement on its website that the increase was 2 percentage points lower than that of the same period in the previous year.

China also produced 667.29 million tonnes of rolled steel between January and September, up 13.9 percent year-on-year. The growth rate was 5.1 percentage points lower than the year-earlier level.

Meanwhile, steel prices dropped slightly in September. The composite domestic price index fell to 134.06 points, down 1.11 points from August, but up 14.49 points from a year ago.

Rolled steel exports rose 9.5 percent year-on-year to 37.15 million tonnes, while imports fell 4.3 percent to 11.96 million tonnes, according to the statement.

In the first eight months, the steel industry realized a profit of 206.7 billion yuan (32.5 billion U.S. dollars), up 32.6 percent from the same period last year. The increase was 63.1 percentage points lower than a year earlier, the NDRC said.

Email|Print|Comments(Editor:姚春)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Tunisians wait in peace for first election after unrest

  2. Beijing concert of Three Chinese Tenors World Tour

  3. Obama announces U.S. to pull out all troops from Iraq by end of year

  4. China's PLA Navy "Peace Ark" hospital ship arrives at Havana, Cuba

Most Popular

Opinions

  1. China's GDP: Quality vs. quantity?
  2. What does Clinton's 'Pacific Century' mean?
  3. Chinese should see warning in Western demos
  4. EU, US crises taking toll on China's GDP
  5. Time right to develop S China Sea resources
  6. Hidden motives lie behind US mission to Uganda
  7. Japan PM: Japan's security environment 'murky'
  8. US, not China manipulates exchange rate
  9. What is wrong with US?
  10. Chinese culture of peace promotes development

What's happening in China

Walking advertisement

  1. Land prices appear to be falling in China
  2. Rescues show caring nature of passers-by
  3. War museum sees red over Hello Kitty photo
  4. Groundwater gets worse, land agency says
  5. Migrants eligible for capital's govt housing

PD Online Data

  1. Customs of Mid-Autumn Festival in Xiamen
  2. Custom of Mid-Autumn Festival in Shanghai
  3. Custom of Mid-Autumn Festival in Hong Kong
  4. Customs of Mid-Autumn Festival in Guangzhou
  5. Customs of Middle-Autumn Festival in Old Beijing