[SMM Steel Manufacturing Downstream Report: Manufacturing Production Maintains Growth, Will New Year Policies Continue to Intensify?!]
At the beginning of 2025, China's manufacturing production maintained growth for the fifteenth consecutive month, with the growth rate surpassing that of December last year. New orders showed a similar trend. According to surveyed sample enterprises, the improvement in basic demand during the month, coupled with efforts by enterprises to promote sales, drove an increase in new order volumes, supporting production expansion...

![[SMM 철강] 운송 병목현상과 지정학적 리스크로 이란 반제품 철강 수출 무역 위축](https://imgqn.smm.cn/usercenter/VhIgs20251217171719.jpg)
![[SMM 철강] 유럽 열연코일 시장, 제강사 가격 인상이 구매자 저항에 부딪히며 혼조세](https://imgqn.smm.cn/usercenter/ntiFA20251217171719.jpg)
