Steel structure growth trend

Steel structure growth trend
Jun 26th, 2023

In October 2021, the China Steel Structure Conference issued the "14th Five-Year Plan for the Steel Structure Industry and the Long-term Goals for 2035" and proposed that by the end of 2025, the national steel structure consumption will reach about 140 million tons, accounting for more than 15% of the national crude steel output , steel structure buildings accounted for more than 15% of the new construction area. By the end of 2035, the application of steel structure buildings in my country will reach the level of moderately developed countries, the consumption of steel structures will reach more than 200 million tons per year, accounting for more than 25% of crude steel production, and the proportion of steel structure buildings in new construction area will gradually reach 40%. Structural intelligent construction.


The data shows that the steel structure industry has achieved rapid development in 2020, which has played an important role in the prevention and control of the new crown pneumonia epidemic. In 2020, the total output value of China's construction industry will be 26,394.7 billion yuan, of which the output value of steel structures will reach 810 billion yuan, accounting for 3.07% of the construction industry, an increase of 8.6% over 2019. In terms of output, China's construction steel structure output will be 81.38 million tons in 2020, an increase of 8.14%, accounting for 7.7% of crude steel output. Although the output value and proportion of steel structures are increasing year by year, the proportion in the construction industry is still not high, and there is broad room for development.


According to the calculations of authoritative organizations, the total output of the steel structure industry in 2025 and 2030 is expected to reach 136 million tons and 206 million tons respectively, and the five-year and ten-year compound growth rates (CAGR) are 10.7% and 9.6% respectively.

Email Whatsapp Skype TOP