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In the first quarter, the output of crude steel, pig iron and steel in China was 243.38 million tons, 200.91 million tons and 311.93 million tons respectively.

In March, the national coke output was 40.17 million tons, a year-on-year decrease of 1.1%.

In March, the production of raw coal was 395.79 million tons, a year-on-year increase of 14.8%.

MONTREAL, April 12, 2022 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) is pleased to provide an update on its first quarter 2022 deliveries, sales, cash margins and recent asset advancements.

Analysis said that the demand in April may be lower than expected, restraining the rise of steel prices.

Average price of semi-coke related products (April 4-april 10, 2022).

Tangshan's crude steel output was 130 million tons in 2021, a year-on-year decrease of 9%.

In 2023 steel demand will see further growth of 2.2% to reach 1,881.4 Mt. The current forecast is subject to high uncertainty.