According to statistics, China’s hot-rolled coil (HRC) output totaled around 14.55 million tons this Juley, dropping by 10% compared to the previous month and also sliding by 2.1% from the same month a year ago.

In the first seven months of this year, China’s HRC output totaled around 109.3 million tons, a year-on-year increase of 14.1%, 2.7% slower than the growth in the period from January to June.

Meanwhile, China’s cold-rolled coil (CRC) output amounted to approximately 25.3 million tons, rising by 18.4% year on year, 3% lower than the increase in the January-June period.