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Global Steel Industry Trends and Yijin’s Response

2026-04-24 11:11:21

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According to the World Steel Association’s Short Range Outlook released in April
According to the World Steel Association’s Short Range Outlook released in April 2026, global steel demand is expected to grow by 0.3% in 2026 to 1,724 million tons, with an accelerated growth of 2.2% in 2027 to 1,762 million tons. This indicates that the global steel industry is gradually emerging from a period of structural adjustment and entering a stage of modest recovery. In China, the contraction rate of steel demand is narrowing to -1.5% in 2026 as the housing market correction nears its bottom, and infrastructure investments are expected to edge up to support stable economic growth. For steel enterprises, this trend brings both opportunities and challenges—seizing the demand recovery in key sectors and adapting to regional market changes have become crucial for sustainable development. Yijin Steel closely follows global industry trends, adjusts its product structure and service layout in a timely manner, strengthens cooperation with domestic and foreign partners, and leverages its supply chain advantages to help customers cope with market fluctuations and achieve win-win development. We also pay close attention to price volatility of raw materials and adopt diversified sourcing strategies to reduce risks. 


Author: Guangdong Yijin Steel Technology Industry Co., Ltd
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Global Steel Industry Trends and Yijin’s Response
According to the World Steel Association’s Short Range Outlook released in April
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Guangdong Yijin Steel Technology Industry Co., Ltd.

 Address:  Unit 1, Jiyou Industrial Zone, XingtanTown, Shunde District, Foshan City Guandong Province,China

 E-mail: guangdongyijin@163.com

 Phone: 0086 757 2552 7871

 Website: www.yijinsteel.com

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