Australia - Latest news GMK Center

Rising production at Chinese mines is putting pressure on the local market

In March, these volumes fell by 18% y/y

The project is valued at 4.3 billion Australian dollars ($3 billion)

Compared to the same period in 2025, shipments decreased by 4%

The global market for this raw material remains stable for now amid rising energy prices

Australian company remains open to negotiations

Government officials concerned about potential impact of price on federal budget

At the beginning of the year, there was limited supply of Australian raw materials on the market

SGH and Steel Dynamics maintain plan to split Australian steel producer's assets

Carbon Leakage Review recommends introducing adjustments for a small group of products

Compared to December, the indicator decreased by 11.4%

The company maintained its annual forecast but acknowledged price concessions in negotiations with China