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The supply and demand of steel have declined in 2025

2025-11-07

today our steel mill announce that they will limit output of the steel.

The current steel industry as a whole is in a state of oversupply. Overall, the steel market will remain in a sluggish but stable state throughout 2025.

It was at the just-concluded hardware exhibition of the Canton Fair,our customer state ,the business is slowly to sell so their order quantity is short than last year.

one of our customer , he purchase our iron wire BWG21 BWG22 BWG20 3 sizes more than 3500tons last year. mostly use for building ,for binding .because our wire

surface zinc coating is shine and good. and our wire is soft to use. But in 2025. As of October. he only purchase 150tons. 

Despite the decline in demand, profits have also decreased accordingly. All seller want to keep their customer and stable the market .

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Continuous operation of blast furnaces,once a blast furnace is ignited,it can not be shut down easily,restarting

a furnace costs tens of millions of yuan,not counting the production losses,therefore furnaces must operate365 days a year.

iron ore must be supplied continuoursly like a life blood flow domestic reserves and quality constrants.

total profits across major steel producer last year is decreasing.

so now the steel industry struggles.

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No matter what, we will always strive to innovate and update our scientific research to make our own products of

better quality and more in line with market demands.

our manily products:

0.5-5.5mm steel and iron wire 

different tensile strength request 

various mesh  fence 

now also fasteners drywall screws,chipboard screws, nails