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Business & Finance

China’s 2025 crude steel output to fall to 968 million tons, S&P Global Commodity Insights says

Published May 28, 2025 Updated May 28, 2025 11:30am
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By Reuters
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SINGAPORE: China’s crude steel output in 2025 is expected to fall to 968 million metric tons, down 37 million tons from 2024, Mark Ferguson, director of metals and mining research at S&P Global Commodity Insights told a conference on Wednesday in Singapore.

Pakistan, Russia agree to establish new steel mills in Karachi

In the first four months of 2025, China produced a total of 345.35 million tons of crude steel, up 0.4% year on year, official data showed last week.

S&P Global Commodity China crude steel Mark Ferguson

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