CISA: Chinese steel demand to remain above 800 million mt during 2026-30

Liu Jian, president of the China Iron and Steel Association (CISA), has stated that Chinese domestic annual steel demand is expected to remain above 800 million mt during the 15th Five-Year Plan period (2026-30), despite an overall anticipated downward trend in demand over the next decade. Speaking at the 15th China International Steel Congress held in Shanghai on September 20, Mr. Liu reviewed the development of China’s steel industry during the 14th Five-Year Plan period and outlined the industry’s roadmap and key targets for the 15th Five-Year Plan period. During the 14th Five-Year Plan period, China cut its steel output…