February 24th, 2025
One week after the Lantern Festival, the industry resumed work at a faster pace. The order performance improved. The steel price rose and then fell…
2025-03-05
February 24th, 2025, Weiqiao Pioneering Group commenced construction of its Fine Alumina New Materials Production Base. The project will establish production lines for nano-alumina and high-purity ultrafine alumina materials. Upon completion, the facility will achieve an annual alumina production capacity of 8 million tons, with fine alumina output exceeding 1 million tons.
2.Industrial Building Materials Market:
Prices in February exhibited a pattern of initial decline followed by a rebound. With the post-holiday resumption of work and production, market demand began to recover, leading to a rebound in prices.
3.Manufacturing PMI:
The Purchasing Managers’ Index (PMI) for manufacturing stood at 50.2% in February, reflecting an increase of 1.1 percentage points from the previous month. This indicates a significant improvement in manufacturing sector activity.
4.Progress in Steel Industry Environmental Compliance:
As of February 28, 182 steel enterprises have completed ultra-low emissions renovation and publicly disclosed their progress on the China Iron and Steel Association (CISA) website.
