NDRC: Operation of Iron and Steel Industry from January to October 2022

1、 Steel production has declined. According to the data of the National Bureau of Statistics, the national pig iron and crude steel output from January to October were 726.892 million tons and 860.569 million tons, respectively, down 1.2% and 2.2% year on year.

2、 The import and export volume of steel products decreased generally. According to the data of the General Administration of Customs, the country exported 56.36 million tons of steel from January to October, a year-on-year decrease of 1.8%. Among them, 5.18 million tons of steel were exported in October, up 16.1% year on year. From January to October, the country imported 9110000 tons of steel, down 23% year on year. Among them, 770000 tons of steel were imported in October, down 31.5% year on year.

3、 The price of steel decreased slightly. According to the monitoring of China Iron and Steel Industry Association, China's comprehensive steel price index at the end of October was 109.50 points, down 3.26 points month on month, or 2.9%.

4、 Imports of minerals have kept decreasing. According to the data of the General Administration of Customs, from January to October, the import volume of iron ore (778,24.00,3.19%) sand and concentrate nationwide was 917.42 million tons, down 1.7% year on year. Among them, the import volume of iron ore and concentrate nationwide in October was 94.98 million tons, up 3.7% year on year.