In 1950, China’s steel production was only 610,000 tons.
In 1960, China’s steel production reached 18.66 million tons
In 1980, the national steel production reached 37.12 million tons.
In 1991 steel output came up to the 70 million ton.
In 1996, China’s steel production exceeded 100 million tons. Since then, China’s steel production has ranked first in the world for 26 consecutive years.
In 2003, 2005 and 2006, China’s steel production exceeded 200 million tons, 300 million tons and 400 million tons.
In 2008, it successfully broke the 500 million tons record.
China’s steel production exceeded 600 million tons, 700 million tons and 800 million tons in 2010, 2012 and 2013, respectively.
In 2016, the steel industry eliminated backward production capacity more than 65 million tons, with annual steel production stabilizing at 808 million tons.
In 2018, annual steel production exceeded 900 million tons, reaching 929 million tons.
In 2020, steel production exceeded 1 billion tons, accounting for 56.7% of global crude steel production.
In 2021, China’s steel industry begins a strategic capacity reduction, with crude steel production decreasing by 35 million tons compared to the previous year.
China has established the world’s most complete and largest steel industry system, providing the world’s most abundant and complete steel products, including high-quality high-speed steel rails, high-end electrical steel, automotive steel; high-performance long-distance pipeline steel, aerospace high-strength steel, orientation and non-oriented silicon steel, hand-tear steel, offshore steel, aircraft carrier steel, etc. Among the 22 major categories of steel products, 19 categories have a self-sufficiency rate of 100 Among the 22 categories of steel products, the self-sufficiency rate of 19 categories has reached 100 %, and the other 3 categories have exceeded 98.8%, providing stable and safe industrial raw materials for China’s manufacturing industry.
China’s steel industry insists on implementing the double-control policy of “removing production capacity and controlling output”, and strives to achieve a 55% digitalization rate of production equipment and 80% of steel production capacity with ultra-low emission transformation by 2025, so as to achieve the goal of low-carbon and high-quality development.
