In August 21st, China iron and Steel Industry Association released the July Chinese production of iron and steel industry data show that in July, the national crude steel production of 74 million 21 thousand and 200 tons, 62 million 73 thousand and 600 tons of pig iron, 96 million 670 thousand and 300 tons of steel, iron and steel enterprises included in the key Chinese Steel Industry Association monthly statistics the total crude steel production of 57 million 227 thousand and 300 tons, 53 million 833 thousand and 500 tons of pig iron, steel 54 million 630 thousand and 100 tons, respectively, accounted for crude steel production 77.31%, the national pig iron production 86.73%, the national steel output 56.51%.

Specifically, in July, China's crude steel production of 6 million 894 thousand and 100 tons, increased 10.27% over the same period last year, crude steel production level of 2 million 387 thousand and 800 tons / day; from January to July a total crude steel production of 4.92 tons, an increase of 24 million 44 thousand and 800 tons, an increase of 5.14% over last year, the cumulative level of crude steel Nissan 2 million 318 thousand and 600 tons / day.

China Iron and Steel Industry Association official said, in July, the national iron and steel production continued to grow. Among them, the country's crude steel output 74 million 21 thousand and 200 tons. From a single month of data, this is the fifth consecutive month this year, a record high. From the growth rate, in July, China's crude steel production year-on-year growth rate reached an alarming 10.27%, rare in recent years. This, of course, is due to the fact that in July the steel output of the country was indeed relatively large, on the other hand, it was also related to the lower base of the same period last year.

The person in charge said that in July, steel production growth and steel production continued to improve closely related. In the domestic steel market prices continue to rise, the situation, high profits continue to stimulate the release of steel production capacity, thereby further pushing up steel production. The long material to maintain high profits, and continuously improve the sheet profit recovery state, will further stimulate steel production, expansion, and qualified electric furnace production capacity plus production in succession, the late crude steel production will continue to show growth; in this growth trend, with backward production capacity and clearing non-compliance capacity, key the iron and steel enterprises outstanding representatives of the output of the legal capacity proportion of the national total production of steel will continue to rise. But considering the environmental policy tightening and heating season is coming, then the relevant area will take the output of monetary policy for limited production, including steel, heavy industry, the growth may not last long. This is the domestic steel market as a whole will show a balance between supply and demand to a certain extent.