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Aug 08,2025

Innovation in the Steel Industry Expands Market Supply

The steel industry has entered a period of deep adjustment. In 2024, the national cumulative production of crude steel reached 1.005 billion tons, a year-on-year decrease of 1.7%, achieving the expected target of production decline. However, steel consumption has decreased even more significantly, resulting in a market characterized by strong supply and weak demand, putting pressure on enterprise operations.


Aug 08,2025

How can the global steel industry move forward with decarbonization?

The proposal of the global "net zero target" has brought profound impacts to the steel industry. How can the global steel industry achieve "net zero emissions" across the value chain through different approaches?


Aug 08,2025

Nearly 800 million tons of crude steel capacity have completed ultra-low emission transformation, and the China Iron and Steel Association calls for policy support for a 100 billion yuan annual low-carbon transition.

The association recommends that the country introduce policies to promote the best and eliminate the worst, providing support to steel enterprises with high energy efficiency and low carbon emission intensity in areas such as production allocation, green finance, product export, and differential electricity pricing.


Aug 08,2025

Global crude steel production for the entire year of 2024 is 1.8826 billion tons.

In December 2024, the crude steel production of 71 countries/regions included in the World Steel Association statistics reached 144.5 million tons, an increase of 5.6% year-on-year.


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