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Live Updates  >  Live Update Details

2025-10-31 10:07:45

[China Iron and Steel Association: Domestic Apparent Crude Steel Consumption Reached 649 Million Tons in the First Three Quarters, Down 5.7% Year-on-Year] Jiang Wei, Vice President and Secretary-General of the China Iron and Steel Association, stated on the 31st that in the first three quarters, domestic apparent crude steel consumption reached 649 million tons, a year-on-year decrease of 5.7%. It is projected that the annual apparent crude steel consumption will be lower than in 2024, marking the fifth consecutive year of decline. Overall, both steel production and consumption continue to decline, with the decline in consumption exceeding the decline in production.

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