Tag: China’s steel industry weakens in H1CY’26 as investment slump outweighs manufacturing export support
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China’s steel industry weakens in H1CY’26 as investment slump outweighs manufacturing export support
China’s steel industry remained under sustained pressure in the first half of 2026 (H1CY’26), with crude steel output falling 3% y-o-y as the broader economy continued to shift away from traditional steel-intensive sectors. China’s GDP growth slowed to a four-year low of 4.3% y-o-y in the second quarter, bringing H1 growth to 4.7%. Industrial and manufacturing…