China sold 234,499 excavators in January–October 2026, up 22% from the same period a year earlier, according to China-based Construction Machinery and Equipment (CME).
Domestic sales reached 114,031 units, an increase of 15.9% year on year. Exports totaled 120,468 excavators, up 28.4%.
October sales rose 11.8% year on year to 20,225 units. Sales in China came to 9,501 machines (+12.2%), while exports reached 10,724 (+11.4%).
Machinery is an important source of steel demand in China as demand shifts from real estate to manufacturing and high-end equipment. In 2025, machinery manufacturing accounted for about 30–35% of the country’s steel consumption. Manufacturing as a whole, including machinery, automotive and shipbuilding, used about 50% of China’s steel production in 2024 and around 51% in 2025.
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