[Krakatau Steel Signs 30,000 t/yr HRC Supply Deal with ASTRADERS to Expand into Australia and New Zealand]

The silicon steel line renovation project in the steelmaking plant south zone of Guangxi Shenglong Metallurgy Co., Ltd. is located within the existing plant area of Guangxi Shenglong Metallurgy Co., Ltd. in the port area of Fangchenggang. Construction scale and content: annual output of 3.4 million mt of slabs. The existing steelmaking production line in the south zone of the steelmaking plant will undergo technical renovation and operational optimization; the original two 150t LF ladle refining furnaces will be changed to one in operation and one on standby, the original No.1 continuous casting machine will be dismantled, and one RH furnace and its supporting public and auxiliary facilities will be built. At the same time, the existing No.2 and No.3 continuous casting machines and their supporting public and auxiliary facilities will undergo technical renovation and operational optimization to achieve continuous production of high-grade grain-oriented silicon steel and non-oriented silicon steel.

The latest data from the National Bureau of Statistics (NBS) show that China's crude steel production in September 2026 was 73.59 million mt, up 0.1% YoY; pig iron production was 65.34 million mt, down 1.4% YoY; steel products production was 118.17 million mt, down 3.8% YoY. In January-September, China's cumulative crude steel production was 724.77 million mt, down 2.9% YoY; cumulative pig iron production was 628.44 million mt, down 3% YoY; cumulative steel products production was 1.0671 billion mt, down 2% YoY.

From January to September, national real estate development investment totaled 5,336.4 billion yuan, down 20.6% YoY. Of this, residential investment amounted to 4,112.5 billion yuan, down 20.5%.