Gold ₹14,922.60/g ▲ +0.00% Silver ₹226.02/g ▲ +0.00% Platinum ₹5,270.07/g ▲ +0.87% Palladium ₹3,624.95/g ▲ +0.70% Rhodium ₹25,686.82/g ▲ +1.34% Copper ₹1,264.26/kg ▲ +0.58% Aluminium ₹271.94/kg ▼ -0.20% Cobalt ₹3,436.35/kg ▲ +0.22% Gallium ₹22,783.50/kg ▲ +0.22% Indium ₹68,743.32/kg ▲ +0.22% Iron Ore ₹8.02/kg ▼ -0.59% Lead ₹162.46/kg ▼ -0.20% Lithium ₹1,607.94/kg ▲ +0.22% Molybdenum ₹8,124.81/kg ▲ +0.22% Nickel ₹1,359.59/kg ▼ -0.27% Neodymium ₹12,406.52/kg ▲ +0.22% Tin ₹4,771.16/kg ▲ +0.24% Tellurium ₹10,455.53/kg ▲ +0.22% Uranium ₹17,323.44/kg ▲ +0.25% Zinc ₹324.57/kg ▲ +0.18% Crude Oil (Brent) ₹9,873.17/bbl ▲ +2.04% Crude Oil (WTI) ₹8,785.27/bbl ▲ +1.23% Gasoline ₹319.01/gal ▲ +1.52% Natural Gas ₹292.58/MMBtu ▲ +1.38%

Company

China Baowu Group

A Shanghai-headquartered, state-owned steelmaking conglomerate formed in 2016 through the merger of Baosteel Group and Wuhan Iron & Steel; the world's largest steel producer by output.

Covered in 1 MetalsCost.com News Intelligence article, most recently on August 25, 2026.

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Coverage

China Still Makes Half the World's Steel, But 2025 Output Fell Below 1 Billion Tonnes

China produced 960.8 million tonnes of crude steel in 2025 — its first sub-billion-tonne year since 2019 — while still supplying over half the world's output, as India's production kept growing.

Neutral · Aug 25, 2026