AI Data Insight
China's Q2 pig iron production in 2026 dropped to 7,069.0 ten thousand tons, a decline of 3.53% from the previous Q1 value of 7,328.0 ten thousand tons, reflecting the dual impact of official policies and slowing demand. With the real estate sector remaining weak and trade barriers rising, China's steel industry is accelerating its reduction in volume and improvement in quality. Institutions expect capacity suppression to be the main market theme in the future.