Industry News
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Global direct reduced iron production exceeds 140 million tons, India leads a new wave of growth
On August 25th, the latest "Global Direct Reduction Statistics" (hereinafter referred to as "Data") released by MIDREX Technology Company showed that the global direct reduction iron (DRI) production reached 140.8 million tons in 2024, an increase of 5.1 million tons com...Read more -
What is steel?
Steel is the world’s most important engineering and construction material. It is used in every aspect of our lives; in cars and construction products, refrigerators and washing machines, cargo ships and surgical scalpels. It can be recycled over and over again without lo...Read more -
Baigong Iron and Steel pioneers green rare earth super weather resistant steel to solve industry problems
A major scientific and technological achievement has been born in our city to solve the key bottleneck in the field of national strategic resources and basic materials. On August 18th, Qinhuangdao Baigong Steel Co., Ltd. and Shanghai University jointly developed green ra...Read more -
The Significant Increase in Chinese Steel Exports to Ukraine in the First Half of 2025 Has Drawn Attention to the Market Competition Landscape
According to statistics from the Ukrainian State Customs Administration, from January to June 2025, China's supply of rolled steel to the Ukrainian market increased significantly, with a year-on-year increase of 69.7%, reaching 869100 tons. Driven by this, the share of C...Read more -
Daye Special Steel Plans a New Global Cooperation Landscape for Aviation Materials
The highly anticipated 55th Paris Bourget International Air and Space Exhibition (referred to as the Paris Airshow) opened in the suburbs of Paris, France from June 16th to 18th. Liu Wenxue, General Manager of Daye Special Steel under CITIC Taifu Special Steel Group, led...Read more -
Is the Demand for Indian Machinery Expected to Increase?
In recent years, with the Indian government's continued investment in transportation, energy, and urban areas, the country has gradually entered a new era of infrastructure construction. This new situation has presented an opportunity for the country's construction contr...Read more -
We Must Eliminate the Three Major Biases Against Steel Structure Residential Buildings
"Steel structure housing can fully meet the people's expectations for 'good houses'. Steel structure housing is advanced, safe, durable, comfortable and sustainable housing. Nowadays, in Japan, South Korea and other countries and Taiwan, China, China, steel structure hou...Read more -
International Steel Market Trends: Analysis of Global Steel Industry Development Trends in 2025
Against the backdrop of the gradual recovery of the global economy, the international steel market will show many new changes and development trends in 2025. From the growth of China’s steel exports to the fluctuation of international steel prices, and to the strategic layout of major enter...Read more -
China’s Steel Exports Hit a New High and Continue to Remain the World’s Number One! The Global Trade Pattern is Quietly Changing
With the gradual recovery of the global economy, steel, as the backbone of industrial development, has once again become the focus of international trade. According to the latest data released by the World Steel Association, the global steel trade volume (including rolled materials and semi-finis...Read more -
Is Protectionism or Strategic Game Causing Waves in the Steel Market?
According to data from the General Administration of Customs, China’s steel exports have exceeded 100 million tons in 2024, and the proportion of exports in China’s steel sales structure has significantly increased. However, due to the impact of tariffs, some experts predict that Chin...Read more -
The World Steel Association Predicts That Global Steel Demand Will Continue to Grow in the Next Two Years
On April 9th London time, the World Steel Association released the April 2024 edition of its short-term steel demand forecast report, predicting a 1.7% rebound in global steel demand in 2024, reaching 1.793 billion tons; By 2025, global steel demand is expected to increase by 1.2%, reaching 1.815...Read more -
Global Steel Industry Update: Innovations and Trends Shaping the Future
The global steel industry is experiencing significant tra nsformations driven by technological advancements and shifting market dynamics. Steel companies worldwide are at the forefront of these changes, implementing innovative strategies to enhance productivity, sustainability, and competitivene...Read more
