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Steel in China

Publisher MarketLine
Published Jul 31, 2025
Length 40 Pages
SKU # MTLN20472610

Description

Steel in China

Summary

Steel in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Steel market includes the production of crude steel in the stated country or region. Crude steel production refers to the production of the first solid steel products upon solidification of liquid steel. It includes ingots (in conventional mills) and semis (in modern mills with continuous casting facilities). Crude steel also includes liquid steel, which goes into the production of steel castings.
  • The Chinese steel market recorded revenues of $756.8 billion in 2024, representing a compound annual growth rate (CAGR) of 4.6% between 2019 and 2024.
  • Market production volume increased with a CAGR of 0.2% between 2019 and 2024, reaching a total of 1,005.1 million tonnes in 2024.
  • China dominated the Asia-Pacific steel market, commanding the largest share of 72.1% in 2024.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the steel market in China
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the steel market in China
  • Leading company profiles reveal details of key steel market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the China steel market with five year forecasts
Reasons to Buy
  • What was the size of the China steel market by value in 2024?
  • What will be the size of the China steel market in 2029?
  • What factors are affecting the strength of competition in the China steel market?
  • How has the market performed over the last five years?
  • What are the main segments that make up China's steel market?

Table of Contents

40 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. China Baowu Steel Group Corp Ltd
8.2. Jiangsu Shagang Group Co Ltd
8.3. Anshan Iron and Steel Group Co Ltd
8.4. HBIS Group Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: China steel market value: $ million, 2019-24
Table 2: China steel market volume: thousand tonnes, 2019-24
Table 3: China steel market geography segmentation: $ million, 2024
Table 4: China steel market value forecast: $ million, 2024-29
Table 5: China steel market volume forecast: thousand tonnes, 2024-29
Table 6: China Baowu Steel Group Corp Ltd: Key Facts
Table 7: China Baowu Steel Group Corp Ltd: Key Employees
Table 8: Jiangsu Shagang Group Co Ltd: Key Facts
Table 9: Jiangsu Shagang Group Co Ltd: Key Employees
Table 10: Anshan Iron and Steel Group Co Ltd: Key Facts
Table 11: Anshan Iron and Steel Group Co Ltd: Key Employees
Table 12: HBIS Group Co Ltd: Key Facts
Table 13: HBIS Group Co Ltd: Annual Financial Ratios
Table 14: HBIS Group Co Ltd: Key Employees
Table 15: China Size of Population (Million), 2020-24
Table 16: China Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 17: China GDP (Current Prices, $ Billion), 2020-24
Table 18: China Inflation, 2020-24
Table 19: China Consumer Price Index (Absolute), 2020-24
Table 20: China Exchange Rate, 2019-24
List of Figures
Figure 1: China steel market value: $ million, 2019-24
Figure 2: China steel market volume: thousand tonnes, 2019-24
Figure 3: China steel market geography segmentation: % share, by value, 2024
Figure 4: China steel market value forecast: $ million, 2024-29
Figure 5: China steel market volume forecast: thousand tonnes, 2024-29
Figure 6: Forces driving competition in the steel market in China, 2024
Figure 7: Drivers of buyer power in the steel market in China, 2024
Figure 8: Drivers of supplier power in the steel market in China, 2024
Figure 9: Factors influencing the likelihood of new entrants in the steel market in China, 2024
Figure 10: Factors influencing the threat of substitutes in the steel market in China, 2024
Figure 11: Drivers of degree of rivalry in the steel market in China, 2024

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