Insight
Revising China's hot metal production
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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.
Table of contents
- Executive summary
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Background
- Higher reliance on integrated route and lower scrap usage
- Energy-saving campaign was the main reason for production under-reporting
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Methodology and outcome
- Table 4: Calculation of hot metal production
- Impact on iron ore
Tables and charts
This report includes the following images and tables:
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Chart 1: Steel production by process (BOF vs. EAF)Chart 2: Scrap rates in BOF and EAFChart 3: Hot metal: crude steel production ratioRevising China's hot metal production: Table 1
What's included
This report contains:
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