2025/01/17
On January 17, according to the latest data from the National Bureau of Statistics, in 2024, China's crude steel production is expected to be 100.509 million tons, a year-on-year decrease of 1.7%; pig iron production is expected to be 85.174 million tons, a year-on-year decrease of 2.3%; steel production is expected to be 139.967 million tons, a year-on-year increase of 1.1%; and coke production is expected to be 48.927 million tons, a year-on-year decrease of 0.8%.
2025/01/17
National steel production in December 2024
In December 2024, the national production of crude steel reached 75.97 million tons, an increase of 11.8% year-on-year, with a daily production of 2.4506 million tons, a decrease of 6.2% month-on-month; the production of pig iron was 66.70 million tons, an increase of 9.4% year-on-year, with a daily production of 2.1516 million tons, a decrease of 4.3% month-on-month; the production of steel products was 119.10 million tons, an increase of 7.1% year-on-year, with a daily production of 3.8419 million tons, a decrease of 3.0% month-on-month. In December, the cumulative production of crude steel nationwide reached 1.005 billion tons, a decrease of 1.7% year-on-year, with a cumulative daily production of 2.7461 million tons; the production of pig iron was 852 million tons, a decrease of 2.3% year-on-year, with a cumulative daily production of 2.3272 million tons; the production of steel products was 1.4 billion tons, an increase of 1.1% year-on-year, with a cumulative daily production of 3.8242 million tons.
2025/01/16
The "Iron and Steel Heavyweight" will successfully conclude the "14th Five-Year Plan".
In 2024, the steel industry in Hebei Province will fully implement the spirit of the 20th National Congress of the Communist Party, the second and third plenary sessions of the 20th Central Committee, and the important instructions given by General Secretary Xi Jinping during his multiple inspections of Hebei Province. The industry will resolutely carry out the decisions and deployments of the Hebei Provincial Party Committee and the provincial government, withstand pressures such as the phase imbalance between supply and demand in the steel industry, continuous declines in steel prices, and high raw material prices. It will seek development against the trend, strive with determination, and pursue innovation through reform, achieving a healthy, orderly, and stable operation.
2025/01/16
What are the similarities and differences in the steel export situation between 2015 and 2025?
According to data from the General Administration of Customs on January 13, during the period from January to December 2024, China exported a total of 110.716 million tons of steel, an increase of 22.7% year-on-year. This figure is also the highest level since 2015. In the same industry downturn cycle, with similarly high export volumes, what are the similarities and differences in the situation facing the steel foreign trade?
2025/01/14
Agenda of the 7th Member Meeting of the 6th Session of the China Iron and Steel Industry Association
2025/01/14
According to media reports citing sources, Cleveland-Cliffs is collaborating with competitor Nucor to consider a joint bid for U.S. Steel. Previously, the Biden administration rejected a deal for Japan's Nippon Steel to acquire U.S. Steel.
2024/11/27
On October 29, 2024, the Egyptian Ministry of Investment and Foreign Trade announced that, at the request of Egyptian enterprises, it has initiated an anti-dumping investigation into imported cold-rolled sheets, galvanized sheets, and color-coated sheets originating from or imported from Turkey and China. The period for the anti-dumping investigation is from July 1, 2023, to June 30, 2024, and the period for the injury investigation is from January 1, 2021, to June 30, 2024.
2024/11/27
On November 12, 2024, the Ministry of Industry and Trade of Vietnam issued Announcement No. 3011/QD-BCT, making a negative final ruling on the second sunset review of anti-dumping measures against cold-rolled stainless steel products originating from mainland China, Malaysia, Indonesia, and Taiwan. It was decided to terminate the imposition of anti-dumping duties on the products involved from mainland China, Malaysia, Indonesia, and Taiwan.
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