In July of current year, China had produced 13.906 million t of HRC, down 0.92% month over month while increasing by 8.27% year over year. Meanwhile, China's average daily HRC output came to 0.4486 million t in July, down 0.91% month over month.
In the given month, China's overall silicon steel production had hit a record high of 0.574 million t, rising by 83000 t or 16.9% month over month and by 22.39% year over year.
In addition, China had contributed an overall construction steel output of 29.214 million t in July and its average daily production stood at 0.9424 million t, dropping by 5.73% as compared to previous month. In detail, China's rod and reinforcing steel bar production had reached 5.775 and 13.213 million t respectively in July. Besides, China's wire rod output had amounted to 10.226 million t in the period in question.