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China’s Crude Steel Output Drops Below 70 Million Tons in November

China’s crude steel production recorded a notable decline in November 2025, falling below 70 million tons to its lowest monthly level so far this year. According to data from China’s National Bureau of Statistics, crude steel output reached 69.87 million tons, down 10.9% year on year and 2.96% month on month.

Pig iron production totaled 62.34 million tons, marking a 8.7% year-on-year decline, while finished steel output stood at 115.91 million tons, down 2.6% year on year. The monthly drop was driven by production cuts in several provinces aimed at curbing pollution and meeting annual production targets.

For the January–November 2025 period, China’s total crude steel output amounted to 891.67 million tons, representing a 4.0% year-on-year decrease, while pig iron production fell 2.3% to 774.05 million tons. In contrast, finished steel output increased 4.0% year on year to 1.33277 billion tons, indicating resilient demand for downstream steel products despite production restrictions.

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