Aluminum Copper Lead

China's annual steel products output up 1.1% YoY

In December 2024, China produced 66.7 million tonnes of pig iron, up by 9.4% YoY, 75.97 million tonnes of crude steel, up by 11.8% YoY, and 119.10 million tonnes of finished steel products, up by 7.1% YoY, according to the National Bureau of Statistics.

In 2024, the country's production of pig iron declined by 2.3% YoY to 851.74 million tonnes, crude steel production decreased by 1.7% YoY to 1,005.09 million tonnes, while finished steel products production increased by 1.1% YoY to 1,399.67 million tonnes.