Accordingly, in October Chinese welded pipe production had hit the highest since 2008 and reached 3.937 million metric tons, surging by 1.072 million metric tons or 37.4% as compared to the same period of last year. Meanwhile, Chinese year-to-date welded pipe output stood at 32.712 million metric tons, rising by 7.156 million metric tons or 28% vs prior year.
On the contrast, in October of this year Chinese hot rolled coil output had made a record low of 12.74 million metric tons, down by 2.49% month over month. And the average daily hot rolled coil production reached 0.4112 million metric tons, declining by 2.56% month over month.