2026-01-19
Steel production in the first month of 2026 may “jump” significantly.
In 2025, influenced by a combination of factors—including the complex domestic and international environment, proactive and effective macroeconomic policies, continuous optimization of investment structures, expansion and upgrading of consumption, sustained improvement and innovation in the industrial sector, and record-high steel exports—domestic steel market prices experienced volatile declines. As a result, steel production showed a pattern of “two consecutive year-on-year declines followed by one increase.” According to data from the National Bureau of Statistics, in 2025, China’s crude steel output reached 960.81 million tons, down 4.4% year-on-year, with the pace of decline widening by 2.7 percentage points compared to the previous year. Pig iron production totaled 836.04 million tons, down 3.0% year-on-year, with the pace of decline accelerating by 0.7 percentage points compared to the previous year. Steel product output reached 1,446.12 million tons, up 3.1% year-on-year, with the growth rate expanding by 2.0 percentage points compared to the previous year.
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Experts say: City – January 19
2026-01-19
2026-01-12
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