Specialty Steel: The “Backbone of Industry” in Advanced Manufacturing, China’s 40%+ Production Share Reshapes Global Landscape in 2025
When China’s fourth-generation nuclear power plant “Hualong One” withstands 600°C high temperature and 20MPa high pressure, and when SpaceX Starship landing legs maintain structural integrity under instant impact—these industrial miracles are powered by breakthroughs in specialty steel performance. In 2025, the global specialty steel market reaches $218 billion, with China’s production share exceeding 40% for the first time, and self-sufficiency rate for high-end products jumping from 23% in 2015 to 68%.