China's domestic iron ore production expected to recover in 2026

Source: Mysteel Mar 05, 2026 11:00

According to the International Trade Administration, According to Mysteel's survey of 433 mining companies nationwide, cumulative concentrate production from January to December 2025 is projected to reach 274.78 million tonnes, a year-on-year decrease of 3.26% (Fig.1). Based on the sample coverage rate (94.36%) of the total output of 301 million tonnes in 2024, the 2025 nationwide full-caliber concentrate production in China is projected at 294 million tonnes, representing a slight year-on-year decline of 2.33%.

1. Review of China's Domestic Iron Ore Production in 2025 According to the National Bureau of Statistics (NBS), the annual output of raw iron ore in 2025 reached 984 million tonnes, a year-on-year decrease of 5.59% compared to the actual output of 1.042 billion tonnes in 2024, with the decline

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