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Report: Chinese Steel Output Not Expected to Reach 1B Metric Tons
11/19/2025 - China’s steel production likely will fall below 1 billion metric tons this year, the first time that has happened since 2019, the Reuters news service reports.
Absent a year-end production surge, Chinese crude steel output is on pace to reach 970 million metric tons, according to the Reuters news service, according to Reuters.
“The decline in steel production comes as mills struggle to remain profitable amid higher input costs and muted demand from the key construction sector,” it said.
Reuters has more here.
