中钢协：1—10月全国累计生产粗钢8.18亿吨，同比下降3.9%

Core Viewpoint - The China Iron and Steel Association reports a significant decline in steel production for 2025, indicating a downward trend in the industry with various production metrics showing year-on-year and month-on-month decreases [1]. Production Data Summary - In 2025, the total crude steel production is projected to be 72 million tons, a year-on-year decrease of 12.1%, with a daily production rate of 2.3226 million tons, reflecting a month-on-month decline of 5.2% [1]. - The production of pig iron is expected to reach 65.55 million tons, down 7.9% year-on-year, with a daily output of 2.1145 million tons, showing a month-on-month decrease of 4% [1]. - Steel production is forecasted at 118.64 million tons, a slight year-on-year decrease of 0.9%, with a daily production of 3.8271 million tons, which is a month-on-month decline of 7.6% [1]. - Cumulatively, from January to October, crude steel production totaled 818 million tons, down 3.9% year-on-year, with an average daily production of 2.6904 million tons [1]. - Cumulative pig iron production for the same period is 711 million tons, a year-on-year decrease of 1.8%, with an average daily output of 2.34 million tons [1]. - Cumulative steel production from January to October reached 1.218 billion tons, showing a year-on-year increase of 4.7%, with an average daily production of 4.0052 million tons [1].