Industry News

On June 13, US President Trump formally approved Nippon Steel Corporation's acquisition of U.S. Steel Corporation for US$14.9 billion.

In May 2025, China's crude steel output was 86.55 million tons, a year-on-year decrease of 6.9%; pig iron output was 74.11 million tons, a year-on-year decrease of 3.3%; and steel output was 127.43 million tons, a year-on-year increase of 3.4%.

From the perspective of special steel demand, the automotive industry accounts for the highest proportion, about 40%; followed by industrial manufacturing, accounting for about 20%.

Since June, the domestic cold-rolled and hot-rolled coil market has been running smoothly overall, demand is still weak, market transactions are sluggish, cold-rolled and hot-rolled coil prices fluctuate slightly, and traders are basically cautious about the f...

On May 29, the statistics of crude stainleSs Steel production, import and export volume, and apparent consumption in mainland China in April 2025 were released

As global concern about climate change grows, the steel industry is accelerating its transition to low-carbon production. The following are key terms and technological advances in steel production, revealing the industry's efforts in emission reduction and sustainable development.

The United States announced that it would increase tariffs on imported steel, aluminum and other goods to 50%

Coal demand enters the peak season in June and coal prices are expected to stabilize, which in turn is expected to drive steel prices to stabilize.

In April 2025, global crude steel production for the 69 countries/regions included in the worldsteel statistics was 155.7 million tonnes, a decrease of 0.3% year-on-year.

In March 2025, crude steel production for the 69 countries/regions included in worldsteel statistics was 166.1 million tonnes, up 2.9% year-on-year.