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China's Steel Industry Navigates Policy Constraints and Green Transition

Classification:Industry news
Release time:2025-05-05
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China's steel sector faces continued production controls with key provinces maintaining output restrictions, while the May PMI contraction to 48.2% signals weakening activity, even as technological breakthroughs like Baowu's new silicon steel point to industry transformation.
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China's steel sector faces continued production controls with key provinces maintaining output restrictions, while the May PMI contraction to 48.2% signals weakening activity, even as technological breakthroughs like Baowu's new silicon steel point to industry transformation.
In April 2025, the Chinese steel industry demonstrated resilience against the backdrop of intensified trade frictions, but the dual pressures of global market fragmentation and domestic overcapacity continued to be highlighted. Enterprises need to focus on technological upgrading, market diversification, and low-carbon transformation, and build a dual track development model of "improving quality through internal circulation and increasing efficiency through external circulation" to cope with the more complex international competition landscape in the future.
Overall performance of the steel market in April: significant regional differentiation, intensified cost demand game
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