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China’s steel consumption decreased for the second year in a row

For the second year in a row, the rate of steel consumption in China decreased, reaching 914 million tonnes in 2022, a decline of 3.3% compared to 2021, equivalent to 31 million tonnes, and by 8.3% compared to 2020, equivalent to 83 million tonnes.

In 2022, China’s crude steel production decreased by 2.2% compared to 2021, reaching 1.01 billion tonnes. This is due to the slowdown in the economy and the decline in the real estate market in the country.

According to the China Iron and Steel Association (CISA), in 2023, China is expected to witness a recovery in overall economic activity, therefore, a recovery in demand for steel products. However, the global economy still faces recessionary risks, and international markets are currently challenging.

Consequently, China’s direct and indirect steel exports are under pressure, with imposed restrictions on resources, energy and the environment.

Steel exports from China last year amounted to 67.32 million tonnes, up 0.9% from 2021. Steel product imports for 2022 decreased by 25.9% yearly to 10.57 million tonnes.

Industrial production in China’s ferrous metal smelting and rolling sector rose 1.2% year-on-year in 2022. In China’s mining industry, production grew 7.3% year-on-year.


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لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.


92 Members

28 Board of Directors

17 Country

300.000 Employees

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