China’s steel industry shows slowing trend China’s steel industry,which in the boom of the past few years has become the biggest in the world,is now facing a long and cold winter. Demand is declining both in the home market and abroad.China’s steel exports,which had been expanding at an extraordinary pace of 60%a year,are now falling.Weakening Chinese exports of home appliances and machinery China’s steel industry shows slowing trend China’s steel industry, which in the boom of the past few years has become the biggest in the world, is now facing a long and cold winter. Demand is declining both in the home market and abroad. China’s steel exports , which had been expanding at an extraordinary pace of 60% a year, are now falling. Weakening Chinese exports of home appliances and machinery