Noticias

International research teams achieved technological innovations, domestic industries accelerated patent commercialization, downstream application scenarios continued to expand, and market demand steadily increased, resulting in a high-quality development trend for the industry as a whole, making it one of the core materials supporting the transformation and upgrading of high-end manufacturing.

The 14th Five-Year Plan period is an important stage for China's stainless steel industry to achieve high-quality development.

According to the China Steel Structure Association, China’s steel structure processing volume exceeded 100 million tons for three consecutive years in 2024, accounting for 10.84% of crude steel output, with high-performance structural steel widely used in high-rise buildings, bridges and new energy infrastructure.

In 2026, the official implementation of the New Two Policies (large-scale equipment renewal and consumer product trade-in), coupled with multiple factors such as policy disturbances in Indonesia's nickel ore sector, has led the recent stainless steel market to operate in a volatile and strong pattern. Driven by policies and rising raw material prices, the short-term market has performed strongly, while in the long run, the industry is moving towards high-end transformation amid changes in supply and demand and policy impacts.

Recently, Fangda Dazhou Iron and Steel made a major announcement that its independently developed HRB600 Φ12mm-50mm high-strength steel bars have officially passed the national industrial product production license review, marking the company as the first enterprise in western China with large-scale production capacity for full-specification HRB600 construction steel . This achievement has filled the gap in the localized supply of high-strength steel bars in the western region and provided a solid material guarantee for high-end engineering construction.

On January 12, Shanghai copper futures regained upward momentum.The most active contract 2602 opened at 101,910 yuan/ton. It surged to an intraday high of 103,970 yuan/ton and hit a low of 101,520 yuan/ton. At 15:00, it closed at 103,800 yuan/ton. That’s a jump of 3,520 yuan, or 3.51%.

In many areas of industrial production, alloy steel, with its customizable and superior properties, has become an essential material for high-end equipment manufacturing, aerospace, and other industries. Unlike ordinary carbon steel, which relies solely on iron and carbon elements, alloy steel is an iron-carbon alloy formed by adding one or more alloying elements such as silicon, manganese, and chromium to carbon steel.

Recently, tightening expectations for nickel ore supply in Indonesia have boosted market sentiment. During the night trading session, the price of Shanghai Nickel surged to the daily limit of ¥147,720 per tonne, driving a sharp rally in stainless steel futures. In the afternoon, the most active stainless steel contract 2603 hit the daily limit at ¥14,025 per tonne.