Learned on December 3, the production of Changzhou’s key steel enterprises gradually stabilized, and the major varieties of steel prices rebounded. In addition, the monthly output value growth rate of metallurgical industry showed a significant upward trend.
In October, the city's 181 iron and steel enterprises achieved the output value of 13.58 billion yuan, a year-on-year growth of 15.2%. From January to October, the city achieved the total industrial output value of 129.95 billion yuan, a year-on-year growth of 8.4%.
In the first nine months, the export output value of the steel product reached 960 million dollars, a year-on-year growth of 25.9%, 29.6 percent higher than the city's average growth rate. In September, the export output value reached 130 million dollars, a year-on-year growth of 40.7%.
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