Steel News

We strive to let you one step ahead of the market.

China automobile sales decline for 11 consecutive months

14 Jun 2019 16:31 reported by Liv Wang

A A A
Chinese automobile sales plummeted by 16.4% in May year-on-year, which not only has gone down for the eleventh month in a row but also was the biggest drop in a single month in history.

According to the statistics from the China Association of Automobile Manufacturers (CAAM), automobile production was about 1.85 million in May, which plunged by 21.2% year-on-year.

Moreover, automobile sales were around 1.9 million units, which fell by 16.4% year-on-year. The sales of the passenger car were 1.56 million roughly, dropping by 17.4% year-on-year.

In the first five months, automobile output and sales both declined by 13% year-on-year.

Back to Steel News

Related News

Sales of vehicle in Europe drop y-o-y in Jun

  • Others
  • 19 Jul 2019 15:20

Taiwanese hand tool market performance keeps stable in Q3

  • Others
  • 19 Jul 2019 15:05

Taiwanese CSC uses BOF slag to create new business opportunities

  • Others
  • 19 Jul 2019 14:56

ArcelorMittal Italia announces force majeure statement

  • Others
  • 16 Jul 2019 17:00

Mexican Steel Industry Association rebuts subsidy allegations

  • Others
  • 16 Jul 2019 14:32

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,426.00
  • 2,437.00
  • Aluminum
  • 1,832.50
  • 1,855.00
  • Copper
  • 6,065.00
  • 6,077.00
  • Nickel
  • 14,400.00
  • 14,430.00

Learn more

Coil Exchange Center

  • 2B Coil-Aug
  • 2,530
  • 2,390
  • NO1 Coil-Aug
  • 2,410
  • 2,270
  • 2B Coil-Aug
  • 2,530
  • 2,390
  • NO1 Coil-Aug
  • 2,410
  • 2,270

Learn more