Latest Industry Highlights - Economic Growth & Innovation

Latest Industry Highlights – Economic Growth & Innovation

In April 2022, the national producer price increased by 8.0% year-on-year and 0.6% month- on-month; the industrial producer purchase price increased by 10.8% year-on-year and 1.3%  month-on-month. From January to April, producer prices rose by 8.5% over the same period last year, and the purchase price of industrial producers rose by 11.2%.

HBIS group successfully develops 09MnNiDR (HIC) steel plate, this new plate has super HIC corrosion resistance, a maximum thickness of 105mm, and corresponds the requirements of-70⊥ ultra-low temperature impact performance.

TiSCO passed the relevant certification of special stainless steel products for liquid hydrogen, becoming the only supplier of such products in China.

According to customs statistics data, in April 2022, China imported 956,000 tons steel products, down 5.4%; From January to April, China imported 4.174 million tons of steel, down 14.7% year-on-year.

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