In January-February, China reduced steel production by 5% compared to the same period last year, to 163 million tons, according to the country's State Statistical Office.
pig iron production decreased by 5% and amounted to 1,475 million tons. 3R3R314.
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The GSU traditionally publishes economic indicators for January and February together in order to avoid data distortion due to prolonged Lunar New Year holidays, which can fall on both January and February.
In January-February, China exported 197 million tons of steel, up 7% from the same period a year earlier, according to the State Customs Administration.
As reported, by the end of 2024, steel production in China decreased by 7% to 005 billion tons.
