China Cuts Steel Production to 73 Million Tons in September

China Steel Production Declines in September 2025

China’s steel production fell to 73.49 million tons in September 2025, a 4.6% decrease from the same month last year. This marks the fourth consecutive monthly decline, with output down 5% compared to August. The National Bureau of Statistics of China reports a year-to-date drop of 2.9%, reaching 746.25 million tons from January to September. Lower market demand and the holiday season contributed to this downturn.

Impact of Production Cuts and Market Trends

Pig iron production also fell, reaching 66.05 million tons in September, down 2.4% year-on-year. However, rolled steel production saw a slight month-over-month increase of 1.2%, despite a 5.1% year-over-year decline. China’s total steel output in 2024 is expected to fall below 1.005 billion tons, marking the lowest level in five years. Analysts believe 2024 may be the last year China exceeds one billion tons of steel production.

SuperMetalPrice Commentary:

China’s sustained steel production cuts highlight significant shifts in global supply dynamics. As demand weakens, these declines could tighten markets and support prices elsewhere. Meanwhile, China’s steelmakers are likely focusing on efficiency and balancing production with shifting economic conditions. Investors and industry stakeholders should closely monitor China’s output trends, as they will continue to influence global steel markets and commodity pricing.