China increased steel production in January-October by 5.5% compared to the same period last year – up to 874 million tons, according to data from the China Iron and Steel Association (CISA).
Pig iron production increased by 4.3% and reached 742 million tons.
According to the CISA forecast, by the end of 2020, the volume of steel production in the country will exceed 1 billion tons. Thus, it will be 3-5% more than last year, according to Xinhua News Agency.
Based on materials from Xinhua News Agency