AI Data Insight
China's pig iron production in the fourth quarter of 2025 reached 836.041 million tons, a decline of about 1.8% compared to the 851.7367 million tons in the same period of 2024, hitting a nearly three-year low. Sluggish domestic real estate demand and strict official controls on overcapacity are the core drivers of the production decline. Looking ahead, as policies guide industrial upgrading and overseas anti-dumping measures take effect, the painful period of production cuts and transformation in China's steel industry will persist.