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On October 30, the China Iron and Steel Association released data showing that the steel industry closely follows the national industrial restructuring and optimizes the variety structure. In 2025, the share of steel used in manufacturing surpassed that of steel used in construction for the first time in history, reaching 51%, and further increased to 52% in the first half of this year. Improving the quality of steel and moving towards high-end products, the performance of basic steel for automobiles, home appliances, infrastructure construction, construction, etc. continues to improve, and R&D and production of high-end products continues to accelerate.
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On October 30, the China Iron and Steel Association released data showing that the steel industry closely follows the national industrial restructuring and optimizes the variety structure. In 2025, the share of steel used in manufacturing surpassed that of steel used in construction for the first time in history, reaching 51%, and further increased to 52% in the first half of this year. Improving the quality of steel and moving towards high-end products, the performance of basic steel for automobiles, home appliances, infrastructure construction, construction, etc. continues to improve, and R&D and production of high-end products continues to accelerate.
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