China's steel production fell 12.1% in October compared to the same month last year, to 72 million tons, according to the country's National Statistics Office.
This is the lowest output since December 2023.
In the ten months of this year, the country produced 817.87 million tons of steel, down 3.9% from the same period last year. earlier.
Pig iron production in January-October decreased by 1.8% to 711.4 million tons. In particular, production last month amounted to 65.6 million tons, down 7.9%.
China's steel production in 2025 is expected to fall below 1 billion tons for the first time in six years.
