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China - Latest news GMK Center

Photo – Tangshan in China is implementing a short-term cut in steel production
Tangshan in China is implementing a short-term cut in steel production

In addition, a number of Chinese steelworks began maintenance work as early as the beginning of July

Photo – Japan established galvanised steel products imported from two countries are being dumped
Japan established galvanised steel products imported from two countries are being dumped

The investigation was launched in August 2025 following a complaint from four manufacturers

Photo – China’s iron ore production fell by 7% y/y in 1H2026
China’s iron ore production fell by 7% y/y in 1H2026

At the same time, ore imports rose by 6.3% y/y over the same period

Photo – China saw its stainless steel exports fall by 17.6% y/y in 1H2026
China saw its stainless steel exports fall by 17.6% y/y in 1H2026

In June alone, the country exported 446,000 tonnes of this product

Photo – Sales by the world’s 20 largest car producers fell by 2.8% y/y in 1H2026
Sales by the world’s 20 largest car producers fell by 2.8% y/y in 1H2026

The sector must adapt quickly to new market and technological conditions

Photo – Jingye Steel is prepared to challenge the nationalisation of British Steel in international arbitration
Jingye Steel is prepared to challenge the nationalisation of British Steel in international arbitration

A Chinese company is calling on the British government to compensate it for its investment losses relating to an asset that was nationalised

Photo – Global prices for coking coal fell during the first half of July
Global prices for coking coal fell during the first half of July

In China, the raw materials market is being affected by low demand for steel

Photo – Ansteel is raising its prices for hot-rolled coils by $7/t for August sales
Ansteel is raising its prices for hot-rolled coils by $7/t for August sales

Chinese manufacturers are adjusting their prices in an attempt to stimulate the market

Photo – China has strongly protested against the UK’s nationalisation of British Steel
China has strongly protested against the UK’s nationalisation of British Steel

Beijing is demanding ‘fair treatment’ for what is now a former asset of the Chinese company Jingye Steel

Photo – China is stepping up pressure on Fortescue amid a dispute over the terms of ore supplies
China is stepping up pressure on Fortescue amid a dispute over the terms of ore supplies

The company has not shown any willingness to accept certain conditions set by China Mineral Resources Group

Photo – China reduced steel output by 3% y/y in 1H2026
China reduced steel output by 3% y/y in 1H2026

In June, the figure rose by 0.4% y/y

Photo – China’s steel exports fell by 5.6% y/y in January–June
China’s steel exports fell by 5.6% y/y in January–June

In June alone, the figure rose by 6.6% y/y

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