--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
SPORTS
LIFE
PEOPLE
TRAVEL
WEEKLY REVIEW
Film in China
War on Poverty
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service
China Calendar
Trade & Foreign Investment

Hot Links
China Development Gateway
Chinese Embassies

Steel Output Up 23.7% in First Quarter

China's steel output climbed by 23.7 percent to 77.7 million tons in the first three months of this year, an official said on Saturday.

Jia Yinsong, deputy director of the economic operation bureau under the State Development and Reform Commission, said in the first three months, Chinese companies also produced 72.57 million tons of iron, up 27.3 percent, and 82.53 million tons of rolled steel, up 22.4 percent.

The total steel production capacity might reach 322 million tons this year, nearly 50 million or 18.4 percent more than last year, said Jia.

Although the steel sector still takes the lead in the whole secondary industry, steel and iron production is facing increasingly tough conditions as the prices of major raw materials are rising by a big margin and the supply of coal, electricity and fuel remain tight amid a lack of transportation capacity, he said.

(Xinhua News Agency April 11, 2005)

End of Rebate to Help Cool Iron Ore Prices
New Measure to Cope with Price Hike of Iron Ore
State Council Gets Tough with Steel, Real Estate Sectors
Steel Price Continues Rising
Iron Ore Importers Face Limits
Steel Industry Needs Structural Adjustment and Upgrade
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688