China's steel industry is in its third consecutive year of decline in 2024, and there is little sign of a sustained recovery. Just as the overall demand of the industry has undergone structural changes during the downturn, the experiences of each steelmaker are also different. The overall downward trend cannot …

China's difficulties this year clearly exceeded market expectations. Against the backdrop of the continued decline in real estate, government-led infrastructure has only partly offset the decline in steel demand for construction. Beijing's "steadiness" undermined market confidence as stimulus was delayed, but the release of a concerted set of supportive measures …

On 22 August, China’s Ministry of Industry and Information Technology (MIIT) issued a notice to suspend the approval of any new iron and steel production capacity replacement projects. The move has thrown uncertainty on a key policy determining steel investment in the country. It is not the first time Beijing …

China concluded the four-day Third Plenary Session of the 20th Central Committee of the Communist Party of China on 18 July. The Third Plenum of the 11th Central Committee implemented the reform and opening-up policy in 1978, which connected the country with the world again after the Mao era and …