The total profit of the steel industry in the first half of the year increased by 63.26% year-on-year, exceeding 700 million tons of steel production capacity and achieving ultra-low emissions

Release time:

2025-10-25

In the first half of the year, the national crude steel production was 515 million tons, a year-on-year decrease of 3.0%, which is in line with the expectations and requirements of the national industrial regulation policies; The Steel Association's key statistics show that the total profit of steel enterprises was 59.2 billion yuan, a year-on-year increase of 63.26%.

Zhao Mingge, President of China Iron and Steel Industry Association: Thanks to the effective production control measures taken by the country to achieve dynamic balance between supply and demand, the crude steel production of 20 steel enterprises with a capacity of over 10 million tons decreased by 3.7% year-on-year, maintaining low steel inventory, basic balance between supply and demand, and relatively stable steel prices. At the same time, the demand for raw materials and fuels has decreased, and the cost center has shifted downwards.

China achieves ultra-low emissions with over 700 million tons of steel production capacity

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