China Steel Production - Forecast

Steel Production in China is expected to be 65851.88 Thousand Tonnes by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Steel Production in China to stand at 65775.76 in 12 months time. In the long-term, the China Steel Production is projected to trend around 65755.47 Thousand Tonnes in 2020, according to our econometric models.


China Steel Production
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China Business Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Business Confidence 51.5 51.7 50.9 51.4 51.6 51
Non Manufacturing PMI 54.6 54.5 54 54.6 53 52
Manufacturing PMI 51 51.2 50.9 51.2 51.6 53.4
Services PMI 52.3 51.9 52.8 52.2 52.3 52
Industrial Production 6 7.1 6.5 6.4 6.2 5.2
Industrial Production Mom 0.33 0.19 0.7 0.3 0.6 0.3
Manufacturing Production 6.6 6.4 6.5 6 7.05 5.5
New Orders 53.3 53.51 52.99 53.01 52.99 52.99
Changes in Inventories 10816 11088 11168 11249 11184 10896
Total Vehicle Sales 2656300 2557133 2701314 1942269 2567769 2370113
Car Production 2199100 2279017 2307418 1654365 2237577 2035059
Car Registrations 2168600 2153980 2422434 1673058 2115781 2038473
Leading Economic Index 101 102 102 104 100 107
Internet Speed 7583 10781 11056 11465 11849 11770
IP Addresses 98862937 79012724 75461774 72038908 68739509 39428876
Steel Production 64930 65852 65633 65726 65776 65755
Mining Production -1.1 0.9 0.8 0.5 -0.47 1.2
Capacity Utilization 76.5 77 78 78 78.3 78.5
Competitiveness Index 5 4.96 4.99 4.96 4.98 4.96
Competitiveness Rank 27 28 29 28 28 29
Composite Pmi 51.8 51.7 52.5 52.3 51.4 52.4
Cement Production 15443 21144 21522 21966 21426 21642
Corruption Index 41 41 41 41 41 42
Corruption Rank 77 78 78 78 81 77
Corporate Profits 968900 3700000 5620000 7700000 1720000 8250000
Ease of Doing Business 78 79 79 78 78 87
Electricity Production 569900 538374 539433 537392 536463 526345