1-11月全国焦炭和钢材产量同比继续增长 粗钢和生铁产量则延续降势
Guo Jia Tong Ji Ju·2025-12-16 01:37

Core Insights - The production of coke and steel in China continues to grow year-on-year for the first eleven months of 2025, while crude steel and pig iron production show a declining trend [1] Group 1: Coke Production - In the first eleven months, the national coke production reached 46,095 million tons, an increase of 3.2% year-on-year [1] - In November, the coke production was 4,170 million tons, reflecting a year-on-year increase of 2.3%, but a month-on-month decrease of 0.5%, marking the third consecutive month of decline [1] - The average daily coke production in November was 139 thousand tons, which is a month-on-month increase of 2.9% [1] Group 2: Steel Production - The national steel production for the first eleven months totaled 133,277 million tons, showing a year-on-year increase of 4.0% [1] - In November, steel production decreased by 2.6% year-on-year and 2.3% month-on-month, amounting to 11,591 million tons; however, the average daily steel production in November increased by 1.0% month-on-month to 386 thousand tons [1] Group 3: Pig Iron Production - The national pig iron production for the first eleven months was 77,405 million tons, a year-on-year decrease of 2.3% [1] - In November, pig iron production fell to 6,234 million tons, the lowest monthly level since March 2024, with year-on-year and month-on-month declines of 8.7% and 4.9% respectively, marking the sixth consecutive month of decline [1] - The average daily pig iron production in November was 208 thousand tons, reflecting a month-on-month decrease of 1.7% [1] Group 4: Crude Steel Production - The national crude steel production for the first eleven months was 89,167 million tons, a year-on-year decrease of 4.0% [1] - In November, crude steel production was 6,987 million tons, also the lowest monthly level since March 2024, with year-on-year and month-on-month declines of 10.9% and 3.0% respectively, continuing a six-month decline trend [1] - The average daily crude steel production in November was 233 thousand tons, with a month-on-month increase of 0.3% [1]