The iron and steel industry run well in 2020

2021-01-29
The iron and steel industry run well in 2020

steel

In 2020, the iron and steel industry strived to overcome the difficulties caused by the epidemic, such as the production and operation, the sharp rise of iron ore prices, the rising pressure of environmental protection, and so on.

In 2020, iron and steel production remained stable and output continued to grow. According to the data released by the National Bureau of Statistics, in 2020, China's crude steel output was 1.053 billion tons, a year-on-year increase of 5.2%; pig iron output was 888 million tons, a year-on-year increase of 4.3%; steel output was 1.325 billion tons, a year-on-year increase of 7.7%. In terms of quarter, the output of crude steel increased by 1.2% in the first quarter, 1.7% in the second quarter, 10.3% in the third quarter and 8.8% in the fourth quarter. From a monthly perspective, affected by the epidemic, the crude steel output in March decreased year on year, while the other months increased year on year.

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