China's steel industry has developed after a long and tortuous journey, developing to a production of 110,551,500 tons in 2018, ranking first in the world

History of the steel industry

China's steel industry has developed after a long and tortuous journey, developing to a production of 110,551,500 tons in 2018, ranking first in the world. The sustainable development of the steel industry, as the basis of China's industrial economy, is inseparable from the real estate, machinery manufacturing, home appliance and automobile industries, shipbuilding, infrastructure and other industries. The process of changes in steel production, which is mainly based on the technology of production and energy saving and environmental protection, is expected to remain at 1 billion tons to 1.1 billion tons in 2023 and 2024 in China.