National crude steel output in the first quarter increased by 2.4% year-on-year

In the first quarter, the national crude steel output was 202.7 million tons, a year-on-year increase of 2.4%, and the growth rate slowed by 6.7% year-on-year; the steel output was 261.41 million tons, an increase of 5.3%, a decrease of 7 percentage points. The output of coke was 114.33 million tons, a decrease of 0.4%, and an increase of 9.1% in the same period last year. The output of ferroalloy was 9.34 million tons, an increase of 10.6% and a decrease of 4.5 percentage points. The import of iron ore was 222.01 million tons, an increase of 19.4%. Steel exports were 18.33 million tons, an increase of 27%; imports were 3.59 million tons, an increase of 11.3%.

　　 Steel prices continue to fall. In March, the average value of the composite steel price index in the domestic market was 95.4, down 1.5 points from the previous month and 12.6 points year-on-year. The average prices of 6.5mm high wire, 20mm medium plate, and 1.0mm cold rolled coils were 3313 yuan/ton, 3488 yuan/ton and 4314 yuan/ton, down 1.7%, 0.9% and 1.7% from the previous month, and down year-on-year 11.4%, 11.7% and 10.3%.

　　 From January to February, the steel industry achieved a profit of 16.64 billion yuan, a year-on-year decrease of 24.8%. Among them, the profit of the ferrous metal mining and dressing industry was 9.47 billion yuan, down 3.6%; the profit of the iron and steel smelting and processing industry was 5.25 billion yuan, down 46.3%.