According to Mysteel's incomplete statistics, 17 domestic steel mills announced capacity replacements from January to October 2026. Among them, it involved building a new steelmaking capacity of 19.6572 million tons and a new ironmaking capacity of 13.5271 million tons; involving the elimination of 232,179 million tons of steelmaking capacity and the elimination of 17.0263 million tons of ironmaking capacity.

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