From January to June of 2009, the output of Chinese steel was 266.5829 million tons, increasing by 1.23% YOY; the pig iron output was 258.799 million tons, increasing by 5.56% YOY; the output of the continuous casting billet was 258.7469 million tons, rising by 1.57% YOY; the steel product output was 346.4824 million tons, growing by 5.67% YOY; the coke output was 158.4645 million tons, decreasing by 4.85% YOY; the output of the iron ore was 379.9193 million tons, reducing by 4.82% YOY; the iron alloy output was 9.2403 million tons, declining by 0.99% YOY.
In 2009H1, the outputs of steel, iron and steel product increased but the growth rates saw obvious decrease compared with those in the same period of the last year. Meanwhile, the outputs of iron ore and iron alloy declined compared with those in the same period of the last year.
From January to June of 2009, the output of Chinese steel product was 316.4824 million tons, increasing by 5.67% YOY. Among the 22 categories of steel products, the outputs of 12 categories increased while the outputs of
From January to June of 2009, Chinese import of steel products was 8.1307 million tons, decreasing Packers #74 Aaron Kampman Jersey by 1.53% YOY. The import was 126,300 tons less than that in the same period of the last year. The total export was 9.3456 million tons, 17.5672 tons less than that in the same period of the last year, declining by 65.27% YOY.
In 2009H1, Chinese government implemented positive fiscal policies and loose monetary policies to promote domestic demand. Total investment in fixed assets was RMB 9.1321 trillion, increasing by 33.5% YOY; planned investment for construction projects was RMB 30.763 trillion, rising by 36.1%; planned investment for newly started projects was RMB 7.3830 trillion, increasing by 87.3%; new credit was RMB 7.37 trillion. There was comparatively adequate financial support for production and construction. The investment in infrastructure construction of railways, highways and electric grids, etc. in the downstream of the steel industry was strengthened. Launched projects exploded. According to the progress of those projects, there will be a small tide of infrastructure construction in H2 of 2009. Thus there will be a constant demand for construction steel.
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