The demands for steel structure grown fast in past years

Currently,pre-engineered steel structure industry is growing steadily in China. China now has one of the biggest steel industries in the world and accounted for a lion’s share of the global steel industry in 2015, having a share of over 50% easily. Directed by the government’s macro control policy, the development of China’s iron and steel industry is now in good shape. Steel price hike, a product of the country’s decade-long economic boom, has also drawn large amounts of funds into the industry. Most of the country’s steel giants now are state-owned enterprises. China’s total output of steel structure achieved 26 million tons in 2010, up 13.3% against the previous year’s 23 million tons. With the accelerated urbanization and economic development, the investment in the construction of large venues, transport hubs, industrial premises, and commercial high-rise steel buildings will continue to increase, resulting in a steadily expanding steel structure market in China.