China's steel exports are gaining momentum, and the steel industry is meeting challenges and showing resilience.
2025-04-05
In the first half of this year, the country's steel production was 536 million tons, an increase of 1.3% year-on-year; steel production was 677 million tons, an increase of 4.4% year-on-year; steel exports were 43.58 million tons, an increase of 31.3% year-on-year.At the same time, the efficiency of steel companies has decreased significantly year-on-year, and the financial capital risks are controllable.
Tan Chengxu, president of the China Iron and Steel Industry Association, said that in the face of many “pains” of transformation and upgrading and a more severe market environment, the steel industry adheres to the general tone of steady progress, strives to achieve overall stability in production and operation, continuously improves core competitiveness and enhances core functions, and promotes new breakthroughs in high-end, green and intelligent development.
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