China’s 2025 steel demand to fall 1.5% on year, state research institute says
China's steel consumption in 2024 and 2025 is forecast at 863 million metric tons and 850 million tons, respectively.
Since cooperating on the dredger project “BeiYa 1” back in 2005, WesTrac China and IHC Merwede, the global leader in the design, fabrication and supply of equipment for the dredging industries, have collaborated on 23 newbuildings for the Chinese dredging market. These dredgers belong to three different models and utilise six different types of Caterpillar engines, with a total 81 units involved.
