Chinese steel mills capacity utilization was fully used due to raw material prices keep rising, and total capacity also reaches a history high in August of this year.

According to official sourcing, it showed that China’s crude steel production reaches 74.59 million tons, was higher compared with 74.02 tons in last July, increased by 8.8% compared with the same period of last year.

According to the AAP report that China’s rebar spot price once reached RMB4,396/ton this month, and it was the highest level since October of 2011.

Prime Steel Pipe as a steel pipe manufacturer we will keep a focus on the China's steel mills capacity, to support steel pipe production.