In the January-February period this year, China’s outputs of pig iron, crude steel and finished steel totaled 140.75 million mt, 166.3 million mt and 224.09 million mt, decreasing by 0.5%, down 1.5% and up 4.7% year on year, respectively, as announced by China’s National Bureau of Statistics (NBS).
In early March (March 1-10) this year, the average aggregate daily crude steel output of large and medium-sized steel enterprises totaled 2.132 million mt, down 5.6% compared to late February (February 21-28).
China’s National Development and Reform Commission has announced the implementation of crude steel production
controls in 2025, aiming to promote the reduction of outputs and the reorganization of the steel industry.
