Recently, local Two Sessions have been held intensively, setting the 2025 local economic growth targets. The steel industry, as an important fundamental industry of the national economy, has also drawn significant attention. According to SMM statistics, as of now, 18 provinces across China have specified the key tasks for the steel industry in their government work reports for 2025.
The following are the specific contents related to the steel industry in the government work reports of various regions:
The key words regarding the development direction of the steel industry mentioned in the government work reports of various regions focus on high-end development, intelligence, greening, structural upgrading, deepened governance, and ultra-low emission transformation. These reflect the clear policy orientation of the state in supporting the high-quality development of the steel industry. By 2025, China's steel consumption demand structure is expected to further differentiate, gradually shifting from traditional construction long products to NEVs and high-end gear steel. It is also expected that under the constraints of the "dual carbon" goals, the "15th Five-Year Plan" period will become a critical phase for achieving the "2030 carbon peak" target. As the key year bridging the "14th Five-Year Plan" and initiating the "15th Five-Year Plan," 2025 will see steady progress in the low-carbon development of the steel industry.
