April 19, 2024
The capacity utilization rate of the ferrous metal smelting, rolling and processing industry in China was at 77.3 percent in the January-March period of the current year, down 0.8 percentage points compared to the same period of the previous year, while it was up 0.9 percentage points compared to the October-December period last year, according to China’s National Bureau of Statistics (NBS).
Total industrial capacity utilization in China in the January-March period was at 73.6 percent, down 0.7 percentage points compared to the October-December period last year, while down 2.3 percentage points compared to the same period of the previous year.
Source: Steelorbis
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