World Steel Association: Steel Demand In The US To Recover In 2023 And 2024 After Falling 2.6% In 2022

In early September 2026, key steel enterprises produced a total of 19.24 million mt of crude steel, with an average daily output of 1.924 million mt, up 2.0% day-on-day; pig iron output was 17.95 million mt, with an average daily output of 1.795 million mt, up 1.7% day-on-day; steel products output was 17.94 million mt, with an average daily output of 1.794 million mt, down 10.7% day-on-day. In early September 2026, the steel products inventory of key steel enterprises was 16.52 million mt, up 270,000 mt or 1.7% from the previous ten-day period; up 2.38 million mt or 16.8% from the beginning of the year; down 660,000 mt or 3.8% from the same period last month; up 700,000 mt or 4.4% from the same period last year, and up 1.55 million mt or 10.4% from the same period the year before last.

Since the beginning of this year, railway construction has progressed steadily. From January to August, fixed-asset investment in China's railways reached 511.8 billion yuan, up 1.5% YoY. The modern railway infrastructure system has been accelerated, effectively driving the development of related industries and boosting income and employment, injecting new momentum into expanding domestic demand and stabilizing growth.

On August 28, the Ministry of Housing and Urban-Rural Development and two other departments jointly introduced new policies, requiring the orderly advancement of raising the presale threshold to the completion of the main building structure, full supervision of presale funds, and a "new-old boundary" for existing home sales, marking a historic transformation in the commercial housing sales system. Industry experts interviewed by Securities Times reporters believe that this reform precisely echoes the central government's positioning for real estate work of "controlling growth, destocking, and optimizing supply." It will reshape the cash flow timing of real estate development. The past high-turnover model of "land acquisition—construction start—presale—land reacquisition" is no longer sustainable. The chain reactions in supply, inventory, and the competitive landscape are unfolding from this point, and the operating logic of real estate is being systematically reshaped.