China’s Top-7 Crude Steel Producing Provinces (in Jan-Oct’22)

China’s top seven crude steel-making provinces showed a -2% y-o-y drop in production over January-October, 2022, as per data maintained with SteelMint. The volume in the first 10 months of 2022 dropped to 861 million tonnes (mnt) from 880 mnt in January-October, 2021. Amongst the seven provinces, Hebei is the largest producer at 182 mnt. However, production volume dropped -4% in the period under review from 190 mnt seen in the corresponding period last year (CPLY). The province that experienced the highest drop was Shandong. Its volumes dropped -6% to 61 mnt in this period against 66 mnt in CPLY. The second-highest drop was seen in Hebei, followed by Liaoning, where output dropped -3% to 62 mnt, from 64 mnt in CPLY, followed by Hebei.