Industry of The People's Republic of China - Steel

Steel

Concomitant with automotive production and other steel-consuming industries, China has been rapidly increasing its steel production. Iron ore production kept pace with steel production in the early 1990s but was soon outpaced by imported iron ore and other metals in the early 2000s. Steel production, an estimated 140 million tons in 2000, rose to more than 420 million tons by 2007.

Before the first five-year plan (1953–57), China had only one major steel center— Anshan, in the northeast—and several minor ones. All these produced 1.93 million tons of pig iron and 1.35 million tons of steel in 1952. By 1995, China was producing 92,970 million tons of crude steel and 101,700 million tons of pig iron. China had one trillion tons of confirmed coal reserves and an estimated five trillion tons of coal reserves and 48.7 billion tons of iron ore in 2000. Anshan continues to be the hub of the industry, but other huge steel complexes have been constructed at Baotou, Benxi (about 50 km east of Anshan), Taiyuan, Wuhan, and Ma'anshan (near Nanjing).

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