Chinese Aluminium, Iron Ore production shoot up during Jan-Feb
SHANGHAI (Scrap Register): Chinese base metal production advanced during the first two months of this year as the country's smelters ramped up production driven by rising prices.
According to China’s National Bureau of Statistics, Chinese Aluminium production gained sharply by 15.6 percent year-on-year to 5.49 million tons during January and February.
China copper cathode production climbed by 6.7 percent year-on-year to 1.37 million tons during the initial two months of this year.
Chinese zinc production advanced 4.4 percent year-on-year to 982,000 tons during January and February, while lead output gained 7.4 percent year-on-year to 837,000 tons, according to the figures of National Bureau of Statistics.
Chinese Iron ore production shot up by 15.3 percent year-on-year in the first two months to 184.16 million tons as steelmakers in the world's top producer of the metal raised output.
Chinese industrial output increased 6.3 percent year-on-year in the first two months of 2017, the National Bureau of Statistics of China.