China's Average Daily Crude Steel Output in Late January Fell 2.2% Month-on-Month to 1.935 Million Tons
2026-02-07 14:25
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Wedoany.com Report on Feb 7th, According to the latest data released by China's National Bureau of Statistics in February 2026, the estimated average daily crude steel output for the entire country in late January (21st to 31st) 2026 was 1.935 million tons, a decrease of 2.2% compared to the 1.979 million tons recorded in mid-January. Production rhythm for the month showed fluctuations overall.

The data shows that as of January 31, the total crude steel output of key large and medium-sized steel enterprises under national statistics reached 14.71 million tons, an 8.8% decrease since January 20. As the world's largest producer and consumer of steel, China's production data serves as a key leading indicator for assessing global ferrous metal market supply-demand dynamics and price trends. This month-on-month decline in output may stem from seasonal demand weakness, environmental policy constraints, or proactive production adjustments by enterprises based on market expectations.

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