Global Steel Production Overview - In 2024, global crude steel production is projected to reach 1.839 billion tons, a slight decrease of 0.9% compared to the previous year, with varying performances among countries [2] - China remains the largest producer with a steel output of 1.005 billion tons, despite a year-on-year decline of 1.7%, accounting for nearly half of the global total [27][39] - The United States' steel production is expected to be 79.5 million tons, down 2.4% year-on-year, reflecting a significant decline from its historical dominance [5][39] - India is experiencing rapid growth, with a projected steel output of 149.6 million tons in 2024, marking a year-on-year increase of 6.3% [13][39] United States Steel Industry Challenges - The U.S. steel industry has faced structural issues leading to a significant decline in production, with historical output once accounting for two-thirds of global production [5][11] - The reliance on electric arc furnaces, which constitute over 60% of production, has made the industry vulnerable to fluctuations in scrap steel prices and limited domestic iron ore supply [8][9] - Despite protective tariffs imposed during the Trump administration, the industry has not recovered sufficiently, resulting in job losses exceeding 140,000 [8][20] India's Steel Industry Growth - India's steel production has been on a robust upward trajectory, supported by government initiatives such as the National Steel Policy aimed at increasing production capacity to 300 million tons by 2030 [15][18] - However, India faces challenges in high-end steel production, heavily relying on imports for specialized products, which limits its growth potential [17][22] - The government is investing in infrastructure to boost steel demand, but domestic production capabilities in high-end segments remain inadequate [20][24] China's Steel Industry Transformation - China's steel industry is undergoing a transformation, shifting focus from quantity to quality, with manufacturing now accounting for 50% of steel usage [27][29] - The industry is optimizing product structures, increasing the production of high-end steel products, and enhancing research and development efforts [29][31] - Despite facing challenges from global trade protectionism, China is actively seeking new markets and enhancing international cooperation to maintain its competitive edge [32][34] Future Trends in the Global Steel Industry - The global steel industry is expected to prioritize quality over quantity, with low-carbon, high-end, and intelligent production becoming key trends [37] - China is positioned to lead in green steel and material solutions, while India has the potential for growth if it can overcome technological and managerial challenges [37] - Open cooperation and healthy competition among countries are essential for the sustainable development of the steel industry, emphasizing the importance of collaboration in low-carbon technologies [37]
中美印钢铁产量差距断崖:美国7950万吨,印度14960万吨,中国呢
Sou Hu Cai Jing·2025-10-01 11:07