无标题

In 2025, China's industrial enterprises above designated size will achieve a total profit of 7.3982 billion yuan, an increase of 0.6% over the previous year. In 2025, among industrial enterprises above designated size, state-controlled enterprises achieved a total profit of 2,056.10 billion yuan, a decrease of 3.9% from the previous year; joint-stock enterprises achieved a total profit of 5,540.83 billion yuan, a decrease of 0.1%; foreign and Hong Kong, Macao and Taiwan-invested enterprises achieved a total profit of 1,744.74 billion yuan, an increase of 4.2%; private enterprises achieved a total profit of 2,281.06 billion yuan, the same as the previous year.

More: https://www.sinosteel-pipe.com/en/blog-5691228361629148.html

According to Clarkson statistics, there are 2,493 global new ship orders in 2025, totaling 58,092,936 CGT. Among them, the world's top 30 shipbuilding groups have placed new orders for 1,470 ships, totaling 49,084,336 CGT. The number of ships and CGT account for 58.97% and 84.49% of the total new ship orders in 2025 respectively.

More: https://www.sinosteel-pipe.com/en/global-shipyard-and-shipowner-order-rankings-in-2025.html

On January 29, 2026, the Stainless Steel Branch of the China Iron and Steel Industry Association released the statistical data on China's stainless steel crude steel production, import and export volume, and apparent consumption in 2025 as follows.

Xinhua News Agency, Beijing, January 19 (Reporters Wang Yuxiao and Zhang Xiaojie) Data released by the National Bureau of Statistics on the 19th showed that China's gross domestic product (GDP) in 2025 will be 140,187.9 billion yuan, jumping to a new level of 140 trillion yuan for the first time.

In 2025, which has just ended, the global new shipbuilding market has cooled down significantly amid the decline from high levels. China's shipbuilding industry has withstood the impact of external non-market factors such as the US Section 301 policy, and still ranks first in the world in terms of orders received, but its market share has declined for the first time in the past five years.

Do you still remember the unique ring-shaped electric motor at the Consumer Electronics Show (CES) in Las Vegas last year? This year, Finnish startup Donut Lab brought their more explosive "black technology" product to the annual CES exhibition - what the company claims is "the world's first mass-produced all-solid-state battery."

China National Nuclear Corporation learned that the world's first commercial supercritical carbon dioxide power generation unit was successfully commercialized, which means that for the first time in the world, supercritical carbon dioxide power generation technology has been pushed from the laboratory to commercial implementation.

According to overseas reports, the Mexican House of Representatives and the Senate passed a bill on Wednesday (December 10) to impose tariffs of up to 50% on China and other Asian countries that have not signed trade agreements with Mexico, such as India, South Korea, Thailand and Indonesia, starting next year.

1. Crude steel, pig iron, steel products

Data from the National Bureau of Statistics show that in November 2025, China's crude steel output was 69.87 million tons, a year-on-year decrease of 10.9%; pig iron output was 62.34 million tons, a year-on-year decrease of 8.7%; steel output was 115.91 million tons, a year-on-year decrease of 2.6%.

China Molybdenum Corporation (CMOC Group) announced on December 15 that, with the approval of the company's board of directors, it will acquire 100% equity in three gold mine assets of Canadian mining company Equinox Gold (TSX: EQX, NYSE-A: EQX) in Brazil, including the Aurizona Gold Mine, RDM Gold Mine and Bahia Complex (collectively referred to as the "Brazilian Business Assets") for a total consideration of US$1.015 billion.

According to the Global Network, Reuters reported on December 11 that the Vietnamese Congress voted on the same day to pass an amendment bill that restricts the export of refined rare earths and reiterated a ban on the export of rare earth ores, aiming to support the country's domestic rare earth industry that has been developing rich rare earth reserves for decades but has stagnant development.

excavator According to statistics from the China Construction Machinery Industry Association on major excavator manufacturing companies, 20,027 excavators of various types were sold in November 2025, a year-on-year increase of 13.9%. 

More info: https://www.sinosteel-pipe.com/en/sales-volume-of-excavators-and-loaders-in-china-from-january-to-november-2025.html

It is reported that the EU is currently considering setting a "Made in Europe" goal of up to 70% for specific goods, including cars. This move is aimed at prioritizing the purchase of local goods to reduce the EU's dependence on other countries in the fields of clean technology and some heavy industries.

More info: https://www.sinosteel-pipe.com/en/blog-5671866587130400.html

On November 26, 2025, CATL and Stellantis Group held a groundbreaking ceremony for a lithium iron phosphate battery factory jointly invested and constructed in the Aragon Autonomous Region of Spain. As one of China's largest investment projects in Spain, the project has a total investment of 4.1 billion euros. It will fully use renewable energy and is scheduled to be put into operation by the end of 2026.

Recently, affected by factors such as the rapid depreciation of the Japanese yen, global foreign exchange market volatility has intensified. In this process, the trend of the RMB against the US dollar has been stable but relatively strong. On the 25th, the spot exchange rates of offshore and onshore RMB against the U.S. dollar both rose above 7.09, hitting a new high in more than a year.