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China's crude steel output down 3.6 percent in January-February 2026-Fastener Exhibition-The 26th China(Guangzhou)International Fastener,Spring&Wire Exhibition
3/17/2026 緊固件展-彈簧展-線材展-fastener expo-wire expo-spring expo |
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In the January-February period this year, China''s outputs of pig iron, crude steel and finished steel totaled 137.7million mt, 160.34 million mt and 221.19 milion mt, decreasing by 2.7 percent, 3.6 percent and 1.1 percent yearon year, respectively, according to China''s National Bureau of Statistics (NBS).
During the Two Sessions in March this year, deepening the rectification of involution-style competition wasexplicitly designated as one of the key tasks for China''s annual economic work.
Accordingly, Zhao Minge, party secretary and chairman of Shougang Group, suggested that relevant statedepartments should convey the policy signal of continuing to implement crude steel production control to marketplayers as early as possible, and strive to issue the national crude steel production control target in the firstquarter, which would help steel enterprises arrange their annual production plans in advance and ensure theimplementation of annual reduction tasks.
As per previous forecasts by various resources, China''s crude steel output is expected to decrease to 930-944million mt in 2026, compared to 960.81 million mt recorded in 2025.
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