According to data from the National Bureau of Statistics, in December 2023, China produced 60,870,900 tons of pig iron, down 11.8% year-on-year and down 6.1% month-on-month; From January to December, the cumulative production of pig iron 871.013 million tons, an increase of 0.7%.
In December, China produced 67,443,800 tons of crude steel, down 14.9% year-on-year and down 11.4% month-on-month; From January to December, the cumulative production of crude steel was 1019.0813 million tons, the same as the same period of last year.
In December, China produced 108.4947 million tons of steel, an increase of 1.5%, down 1.8%; From January to December, the cumulative production of steel 1,362,681,700 tons, an increase of 5.2%.
According to data from the National Bureau of Statistics, in December 2023, the country produced 86,033,200 tons of iron ore, an increase of 0.4% year-on-year and 0.5% month-on-month; From January to December, the cumulative production of iron ore was 99,555,400 tons, an increase of 7.1%.
3.iron ore imports
According to the General Administration of Customs data, in December 2023, China's imported iron ore 100861 million tons, an increase of 11.0%, down 1. 8%; The average monthly price of imported iron ore was US $123.3 / ton, up 33.9% year-on-year. From January to December, the cumulative import of iron ore was 117,906,000 tons, an increase of 6.6%. The cumulative average import price was US $113.62 / ton, down 1.6% year-on-year.
4.iron ore supply and demand
From January to December, the country produced 871.013 million tons of pig iron, an increase of 0.7% year-on-year; Domestic iron ore production of 99,555,400 tons, an increase of 7.1%; The import volume of iron ore was 1179.06 million tons, up 6.6% year on year, and the total supply of iron ore increased. At the end of December, the port inventory of imported iron ore was 119.917 million tons, an increase of 7.184 million tons, an increase of 6.3%, and a decrease of 11.932 million tons, a decrease of 9.1%. From the above data, the growth of iron ore supply at this stage is greater than the growth of demand, and the tight balance of market supply and demand has been significantly alleviated.
5. Investment in fixed assets in ferrous metal mining and selection industry
From January to December, the total fixed asset investment in the mining industry increased by 2.1%, of which the fixed asset investment in the ferrous metal mining and selection industry recorded a negative growth of 6.8%, an increase of 8.9 percentage points lower than the national mining industry. The month-on-month decline widened by 3 percentage points. The total investment in fixed assets of the private mining industry increased by 5.1%, of which the private investment in the ferrous metal mining industry recorded a negative growth of 25.5%, which was 30.6 percentage points lower than the private investment in the national mining industry. Compared with November, the decline narrowed by 0.1 percentage points; The growth rate of fixed asset investment in the ferrous metal mining and selection industry is significantly lower than that of the national mining industry, and the private investment in the ferrous metal mining industry is still a relatively large negative growth, and the overall investment willingness is still not strong.
6.Main financial indicators of ferrous metal mining and beneficiation industry
According to the data of the National Bureau of Statistics, from January to December, the operating income of the black metal mining and selection industry was 472.35 billion yuan, an increase of 2.8%. The total profit reached 55.45 billion yuan, an increase of 6.7% year-on-year.
