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In December, steel output fell by 10.3% compared to the same month in the previous year, reaching 68.18 million tons. This is the lowest volume recorded in two years.
The production level in December was also 2.4% lower than in November, continuing a streak of seven consecutive months of declining monthly output.
Industry experts suggest that the prolonged downturn in the real estate sector has significantly reduced the demand for steel products.
According to the National Bureau of Statistics, pig iron production in the country dropped by 3% in 2025, to 836 million tons. In December, pig iron output reached 60.7 million tons, a 9.9% decrease compared to the same period last year.
Meanwhile, China's steel exports hit a record high of 119 million tons in the previous year.
Mysteel analysts predict that steel production in China will continue to decline in 2026, though the rate of decrease is expected to be less severe. Lange Steel experts anticipate a reduction of around 3%.
source: scmp.com
The production level in December was also 2.4% lower than in November, continuing a streak of seven consecutive months of declining monthly output.
Industry experts suggest that the prolonged downturn in the real estate sector has significantly reduced the demand for steel products.
According to the National Bureau of Statistics, pig iron production in the country dropped by 3% in 2025, to 836 million tons. In December, pig iron output reached 60.7 million tons, a 9.9% decrease compared to the same period last year.
Meanwhile, China's steel exports hit a record high of 119 million tons in the previous year.
Mysteel analysts predict that steel production in China will continue to decline in 2026, though the rate of decrease is expected to be less severe. Lange Steel experts anticipate a reduction of around 3%.
source: scmp.com
