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Sluggish CN Home Mkt Dents 2025's Crude Steel Production to 7Yrs Low
The sluggish real estate market in mainland China gave rise to reduced demand, causing last year's crude steel production to fall below one billion tons, notching a seven-year ...
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The sluggish real estate market in mainland China gave rise to reduced demand, causing last year's crude steel production to fall below one billion tons, notching a seven-year low, according to a Reuters report. However, steel exports climbed to a historic high.

As the world's largest steel producer, China produced a total of 960.81 million tons of crude steel last year, the lowest level since 2018, and a 4.4% decrease compared to 2024, the report cited data released by China's National Bureau of Statistics on Monday (19th) as saying.

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