Chinese steel production declines as demand weakens
after close1 source ↓written by the desknot a recommendation
- in July
- 76.93 million tons
- year-on-year
- 3.6%
- production totaled
- 577.04 million tons
- decrease compared
- 3.1%
Chinese steel production fell to 76.93 million tons in July, down 3.6% year-on-year, marking the lowest monthly output of 2026. For the first seven months, production totaled 577.04 million tons, a 3.1% decrease compared to last year. This decline reflects weaker demand amid ongoing economic challenges and a struggling property market. 📉
Not investment advice. For informational purposes only.