China’s crude steel production declined by 44.2 million metric tons in 2025, exceeding market expectations, according to data from the National Bureau of Statistics (NBS).
Full-year output figures show:
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Pig iron: 836.04 million mt, down 3.0% YoY
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Crude steel: 960.81 million mt, down 4.4% YoY
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Finished steel: 1.446 billion mt, up 3.1% YoY
In December 2025, crude steel output fell to 68.18 million mt, down 10.3% YoY and marking the lowest monthly output of the year. The decline was attributed to seasonal demand weakness, winter conditions, and mills aligning production with annual targets.
VietnamSteel by Hoa Sen Group
