15-07-2025
China's Steel Mills Lead Steep Drop in Building Materials Output
China made further headway in June in its bid to tackle oversupply of key industrial commodities, with crude steel production leading declines in construction materials with its biggest drop in 10 months.
Output in June fell 9.2% year-on-year to 83.2 million tons, leaving first-half production at its weakest since 2020 and 3% off last year's pace, according to the statistics bureau on Tuesday. Cement output, meanwhile, fell 5.3% while glass-making dropped 4.5%.
