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May 2019 | Steel Raw Materials


Iron & steel developments in China appear favorable for raw materials demand: Latest Analysis


Winter cuts were less severe this time round, as we previously detailed: Blast furnace utilization rates averaged 87.32% during the 2018-19 winter season (October through March), compared with 80.45% during the 2017-18 winter season (mid-November to mid-March).

Iron & steel developments in China appear favorable for raw materials demand Latest production data from NBS shows that both blast furnace iron and crude steel production continued to accelerate in April. Iron output was recorded at 69.83 million tonnes, up by 9% month on month and by 10% year on year, while production of steel rose by 7% month on month and by 13%...

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