China increased steel production by 5.2%

China increased steel production in 2020 by 5.2% – up to 1.05 billion tons, according to the data of the China Iron and Steel Association (CISA).

Pig iron production increased by 4.3% and reached 887.52 million tons.

Including in December, steel production in the country increased by 7.7% on an annualized basis – to 91.25 million tons. Thus, the average daily production was 2.94 million tons. Pig iron production increased by 5.4% and amounted to 74.22 million tons.