According to latest data released by the National Bureau of Statistics of China (NBS), in January to February 2023, China's crude steel production totaled 168.70 million tons, up by 5.6% from the same period of 2022, with daily production averaging around 2.86 million tons; pig iron production recorded 144.26 million tons, up by 7.3% YoY, with daily output averaging around 2.45 million tons; and steel product production reached 206.23 million tons, up by 3.6% YoY, with daily production averaging nearly 3.50 million tons.

Data from China Iron & Steel Association (CISA) show that in January to February 2023, major Chinese steel mills produced a total of around 130.76 million tons of crude steel, up by 8.25% YoY, with daily output recording around 2.22 million tons; major steel mills produced about 117.91 million tons of pig iron, up by 11.26% YoY, with daily output reaching nearly 2 million tons; and major steel mills produced 126.60 million tons of steel products, up by 8.35% YoY, with daily output averaging 2.15 million tons.