This week, steel billet inventories at major warehouses and ports in Tangshan—calculated on a comparable basis—stood at 2.6536 million tons, marking a week-on-week increase of

China Iron and Steel Association: In February, key statistical steel enterprises collectively produced 63.59 million tons of crude steel—a year-on-year decrease of 7.4%—with a daily

According to data from the National Bureau of Statistics, China's crude steel output reached 160.34 million tons in January–February, a year-on-year decrease of 3.6%; pig

According to data from the National Bureau of Statistics: From January to February 2026, China’s pig iron output was 137.7 million tons, down 2.7% year-on-year;

On 28 February, the US-Israel-Iran conflict erupted, disrupting shipping through the Strait of Hormuz. Iran is a significant steel supplier in the Middle East, and

It is approximately 150 kilometers long from east to west and only 33 kilometers wide at its narrowest point, yet it handles 20% of the

Global steel exports rose 5% in 2025 compared to 2024, with China's exports surging 19% to lead this growth trend. In stark contrast, exports from the

According to the China Iron and Steel Association, by the end of 2025, China's steel industry will complete its ultra-low emission retrofitting project, with over

Looking back over the past five years, steel prices rose in over 80% of cases during the first week after the holiday. However, on the

On February 14, the China Iron and Steel Association reported that during the first ten days of February 2026, key steel enterprises collectively produced 19.46

As is well known, winter stockpiling has historically been a defining feature of the steel market during the colder months, serving as a strategy for

As of February 6, the blast furnace capacity utilization rate of sampled steel enterprises stood at 85.7%, up 0.22 percentage points week-on-week. The electric furnace

Tangshan, China: Based on surveys of 20 major warehouses and ports across six cities nationwide, this week's billet warehouse inventory totaled 1.7516 million tons, down 10,400

Billet Supply and Circulation in January 1. Nationwide billet inventory at sampled distribution enterprises rose to approximately 2.6 million tons in January, marking an 8% monthly

As a vital foundation of the national economy, the steel industry is also a major contributor to energy consumption and carbon dioxide emissions. To advance

It is expected that in February, affected by the Spring Festival holiday, the steel industry will continue its off-season performance, with weak steel demand, a

During the 14th Five-Year Plan period, the Ministry of Ecology and Environment, in collaboration with relevant departments and local governments, planned and implemented 24,000 ecological

Recent data released by the National Bureau of Statistics indicates that China's crude steel output for the full year of 2025 is projected to reach

In December 2025, China produced 68.18 million tons of crude steel, a year-on-year decrease of 10.3%. Daily output reached 2.1994 million tons, down 5.6% month-on-month.