In June, China's average daily steel output reached 3.862 million tons, API 5L X42 PSL1 steel pipe included, reaching a new high. According to the data of the National Bureau of Statistics, in June 2020, the average daily API 5L X42 PSL1 steel pipe and so on steel output of Industrial Enterprises above Designated Size in China will reach 3.862 million tons, reaching a new high, and the month on month growth rate will increase by 0.9 percentage points to 4.5%.

In June 2020, China's crude steel output reached 91.58 million tons (the same below), an increase of 4.5% year-on-year, and a decrease of 0.7% by 690000 tons on a month on month basis. According to this calculation, the average daily output of crude steel in June was 3053000 tons, an increase of 77000 tons / day or 2.6% compared with that in May.

In June, China's API 5L X42 PSL1 steel pipe and so on steel production reached 115.85 million tons, up 7.5% year-on-year, and 1.32 million tons on a month on month basis, up 1.2%. According to this calculation, the average daily output of API 5L X42 PSL1 steel pipe and so on steel in June was 3.862 million tons, an increase of 168000 tons / day or 4.5% compared with that in May, 0.9% higher than that in May.

In May, under the high demand of "off-season is not light" in the steel market, the average daily output of API 5L X42 PSL1 steel pipe and so on steel further increased, reaching the highest level in at least one year. In June, steel enterprises maintained their enthusiasm for production in the case of good future expectations and profits. The API 5L X42 PSL1 steel pipe and so on steel output increased by 1.2% on the basis of high yield in May, and reached a new high again.