China to build high-speed railway under the Yangtze River

Tuesday, 31 March 2026 09:30:32 (GMT+3)   |   Shanghai

The world's largest-diameter high-speed rail shield tunneling machine is currently operating 89 meters under the Yangtze River, as part of a major project, the Shanghai-Chongqing-Chengdu High-speed Railway, with an estimated total investment exceeding RMB 500 billion ($72.5 billion). The project is expected to drive value-added growth in upstream and downstream industries by almost RMB 1.5 trillion ($0.22 trillion).

This project extends from Shanghai to Chengdu, spanning approximately 2,000 kilometers. It connects three major urban agglomerations - the Yangtze River Delta, the middle reaches of the Yangtze River, and the Chengdu-Chongqing region. The rail project will generate demand for 570,000 mt of high-strength special steel.

EuniceOuyang
Eunice Ouyang
Editor

I graduated from University of Shanghai for Science and Technology, with 16 years of deep expertise in the steel industry. I am responsible for steel-related news and intelligence, as well as leading the content team in China.


Similar articles

Daily iron ore prices CFR China - August 14, 2026

14 Aug | Scrap & Raw Materials

CMRG pushes Chinese iron ore traders to use its trading platform

14 Aug | Steel News

Downtrend of local Chinese coke prices ends, coking coal prices rise more rapidly

14 Aug | Scrap & Raw Materials

China claims 81% of new shipbuilding orders globally in July 2026

14 Aug | Steel News

Xinjiang Bayi Steel posts net loss of RMB 342 million for H1 2026

14 Aug | Steel News

Vietnamese HRC buyers focus on local market, lower import prices only for non-VAT HRC

13 Aug | Flats and Slab

Iron ore prices in China fluctuate in limited range, trend likely to continue

13 Aug | Scrap & Raw Materials

Ex-China HDG prices stable, but lower supply pressure may support prices

13 Aug | Flats and Slab

Liaoning mills hike local HRC prices by RMB 50/mt ($7.4/mt) for Sept 2026, longs stable

13 Aug | Flats and Slab

Ex-Asia billet fluctuates in limited range with traders less aggressive, loses competitiveness

12 Aug | Longs and Billet