In the same month, crude steel output increased by 0.6% year-on-year; crude steel daily output rose to 1.5 million tons, up 29.3% from last year's lowest October; steel output increased by 7.4%.
From January to May, steel exports were 7.9 million tons, down 63.6%; imports were 6.5 million tons, down 7.4%; imported steel billets were 2.27 million tons, up 26 times year-on-year. The import of iron ore was 241.89 million tons, an increase of 25.9%.
In May, the added value of the non-ferrous metals industry increased by 7.3% year-on-year, 3.1 percentage points faster than the previous month. Under the influence of the state's policy of expanding domestic demand and industrial restructuring and revitalization, the prices of major non-ferrous metal products showed a turbulent recovery.
Driven by the country's increased infrastructure construction, the building materials industry generally showed a rapid growth momentum. In May, the added value of the building materials industry increased by 16% year-on-year. Driven by the rebound in demand, the chemical industry as a whole showed a steady upward trend. In May, the added value of the chemical industry increased by 12.6% year-on-year, and has maintained a growth rate of more than 10% for three consecutive months.
The Ministry of Industry and Information Technology also revealed that under the rapid growth of fixed asset investment, the added value of the equipment industry in May increased by 11.7% year-on-year, 2 percentage points faster than last month.
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