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China's steel industry is in a leading position by international standards

Zhang Longqiang, deputy secretary general of the China Iron and Steel Industry Association, announced in his speech at the 2024 China Brand Development Conference held on May 11 that brand building efforts in China's steel industry have made significant progress.

China's steel industry is in a leading position by international standards

By the end of 2023, the proportion of steel standards published by China's international standards organization ISO reached 14.3%. Moreover, in terms of the total number of international steel standards issued in the past five years, China ranks first among all countries.

From a production perspective, China's crude steel production has always ranked first in the world since 1996, and its global share has been over 50% since 2017. On the consumer side, its global share has been above 50% since 2019.

Zhang was also optimistic about future developments. He predicted that China will remain the world leader in crude steel production for a long time and that the center of gravity of world steel will remain in China for a century. This shows that China's steel industry's influence at the global level will continue in the coming years.

Emphasizing the efforts of the Chinese steel industry in the field of green and sustainable development, Zhang stated that China implements the world's most stringent ultra-low emission standards and focuses on environmentally friendly production methods. These efforts are seen as important steps towards reducing the environmental impact of the Chinese steel industry globally.

China's steel industry attracts global attention with its achievements in branding, technological innovation and sustainability, and aims to continue to maintain its leading position in the industry in the future.

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