China

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China reduced steel production by 6.9% y/y in May

Government restrictions, weak demand and construction downturn change the dynamics of the steel industry

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Chinese coke prices fall amid seasonal decline in steel demand

In the short term, these products may experience downward pressure

Президент США Дональд Трамп. shutterstock
The Potential Impact of Trump’s 50% Steel Tariffs

The move will intensify pressure on global steel trade, likely triggering a wave of new trade barriers worldwide

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Price war in the electric vehicle sector hurts Chinese steelmakers

Competition among automakers puts pressure on raw material suppliers

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Baosteel keeps flat steel prices unchanged for the fourth consecutive month

Chinese steel mills refrain from raising prices due to market weakness

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China increased steel exports by 9.9% y/y in May

Steady outstripping shipments, fueled by fears of tariff hikes, boost exports

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China’s steel sector aims to achieve ultra-low emissions by the end of 2025

As of April, this goal was achieved by about 591 million tons of capacity

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Coking coal prices in China fall amid oversupply

The market is affected by a drop in domestic demand for steel in this country

Tariff war: the first major agreement and the EU’s push

In May, the US signed a trade deal with Britain, Trump promised and postponed 50 percent tariffs for the EU

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Emissions in China’s steel industry increased by 18.3% y/y in April

Energy consumption in the industry increased by 0.5% y/y during the month

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China reduced iron ore production by 12% y/y in January-April

In April, the country's production of this raw material amounted to 84.7 million tons

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