China's steel output up 8.9% in 2011
China's output of crude steel rose 8.9 percent year-on-year to 683.27 million tonnes in 2011.
This was only 0.4 percentage points slower than the growth rate of 2010, according to the National Development and Reform Commission (NDRC).
Despite this, China's steel output was enough to rank China as the world's largest steel producer.
Steel prices continued to decline in December 2011, with the steel price composite index falling to 120.95 points, down 1.44 points from November.
Other Market analysis articles
- Beijing's struggle to keep arable land away from the developers
2009-06-25 - The iron-ore deposit that grows with every headline
2009-06-26 - The end of scientific development, return to property speculation
2009-07-02 - CNOOC looks to unconventional oil and gas to increase production
2012-01-19 - Hang Seng Index climbs 1.3%, strong start to year
2012-01-20 - China's Shanghai Index kicks on signs of easier monetary policy
2012-01-20 - Guangdong inks 10% GDP growth
2012-01-20 - Hang Seng Index hits three months high
2012-01-23 - China stock index broaches 2,300 level
2012-01-23 - China Guangdong Nuclear Power Group closer to offer for uranium company
2012-01-23 - Shanghai's GDP grows 8.2% in 2011, strong retail sales
2012-01-24 - Guangxi is now China's largest coal importer
2012-01-25 - Hong Kong stocks climb 1.6%, highest close since Sept. 1
2012-01-27 - Hang Seng Index unchanged in light Fri trading
2012-01-27 - Hang Seng Index rises for sixth session, valuations still cheap
2012-01-28
.jpg)