Insight
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4 Pages

Revising China's hot metal production


Revising China's hot metal production

Report summary

In this insight, we explain why we believe production numbers published by NBS are underreported for recent years, and why we have revised them in order to more accurately reflect Chinese iron ore demand and domestic supply which is higher after the revision. 

What's included?

This report includes 1 file(s)

  • Revising China's hot metal production PDF - 550.40 KB 4 Pages, 1 Tables, 3 Figures

Description

This Metals Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For industry participants and advisors who want to look at the trends, risks and issues surrounding this topic, this report gives you an expert point of view to help inform your decision making.

Our analysts are based in the markets they analyse and work with high-quality proprietary data to provide consistent and reliable insight.

We provide unique in-depth analysis of the metals supply industry so you can make confident strategic decisions.

  • Executive summary
  • Background
    • Higher reliance on integrated route and lower scrap usage
    • Energy-saving campaign was the main reason for production under-reporting
  • Methodology and outcome
    • Table 4: Calculation of hot metal production
  • Impact on iron ore

In this report there are 4 tables or charts, including:

  • Executive summary
  • Background
    • Chart 1: Steel production by process (BOF vs. EAF)
    • Chart 2: Scrap rates in BOF and EAF
    • Chart 3: Hot metal: crude steel production ratio
  • Methodology and outcome
    • Revising China's hot metal production: Table 1
  • Impact on iron ore
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