Steel

Steel

The Belt and Road Initiative has led to a surge in steel demand from key countries, reflecting the increase in Chinese exports. China's export market has become crucial for its steel industry, especially with domestic demand being affected by a slow property market.

This shift in focus towards international markets highlights the adaptability of the Chinese steel industry. By catering to the needs of key countries involved in the Belt and Road Initiative, China has been able to maintain its position as a leading steel exporter in the global market.