China Iron and Steel Sector Report 2021 1st Quarter
An EMIS Insights Industry ReportEMIS is an ISI Emerging Markets Group Company Date: April 2021
Pages: 58
Available in: English
In the fourth quarter of 2020, the sales volume and sales revenue of China’s steel products reached 213.8mn tonnes and RMB 1,543.7bn, representing y/y increases of 27.8% and 38.5%, respectively. The demand for steel products in China is closely correlated with the performance of machinery, automobile, and construction sectors. According to the China Iron and Steal Association (CISA), these three sectors consume nearly 80% of the country’s total steel output. In the fourth quarter of 2020, the added values created by China’s machinery and automobile sectors ascended by 13.9% y/y and 11.2% y/y, respectively. Furthermore, driven by a set of positive policies, such as new-type urbanisation, new infrastructure construction, and rural vitalisation strategy, the gross output value achieved by China’s construction sector increased by 11.7% y/y in the same period. Consequently, in the fourth quarter, the demand for steel products significantly increased, resulting in the sales rise in volume and value terms in the country’s steel market.
This report provides a complete and detailed analysis of the iron and steel casting sector for China. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.
What this report allows you to do:
- Understand the key elements at play in the iron and steel casting sector in China
- Access forecasts for growth in the sector
- View key data on production and sales of iron, steel and products thereof in China
- Crystallise the forces both driving and restraining this sector in China
- Build a complete perspective on sector trade, investment and employment
- Understand the competitive landscape and who the major players are
- View M&A activity and major deals
- Gain an understanding of the regulatory environment for the sector in China
- Build a clear picture of trends and issues for sub-sectors (e.g. iron ore, crude and finished steel, pig and sponge iron).
See below for a complete table of report contents:
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