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China - Latest news GMK Center

Photo – China’s Jingye is seeking compensation from the UK over the takeover of British Steel
China’s Jingye is seeking compensation from the UK over the takeover of British Steel

The company will seek a settlement under the investment agreement between the UK and China

Photo – Baosteel has kept domestic prices for flat steel products unchanged for July sales
Baosteel has kept domestic prices for flat steel products unchanged for July sales

Винятком стала ​​зерниста електротехнічна сталь

Photo – China’s rolled steel exports fell by 8.1% y/y a five-month period
China’s rolled steel exports fell by 8.1% y/y a five-month period

Over the same period, the country increased its iron ore imports by 6.3% y/y

Photo – Global rebar prices rose by 0–6% m/m in May
Global rebar prices rose by 0–6% m/m in May

Despite the overall upturn, the Turkish market showed minimal growth against a backdrop of weak demand

Photo – Ore shipments from Simandou could exceed 20 million tonnes in 2026
Ore shipments from Simandou could exceed 20 million tonnes in 2026

Guinean ore is not yet set to replace Brazilian ore in China due to its high alumina content

Photo – Baosteel invested 3.2 billion yuan in energy conservation and decarbonisation in 2025
Baosteel invested 3.2 billion yuan in energy conservation and decarbonisation in 2025

The company has reduced its annual carbon emissions by over 2 million tonnes

Photo – Global prices for coking coal rose at the end of May
Global prices for coking coal rose at the end of May

Market trends were altered by a fatal accident at a mine in the Chinese province of Shanxi

Photo – China is demanding a thorough analysis of a new shipment of iron ore from Fortescue
China is demanding a thorough analysis of a new shipment of iron ore from Fortescue

China Mineral Resources Group is seeking to strengthen its position in negotiations over iron ore trade

Photo – China is negotiating with the EU regarding the bloc’s new restrictions on steel imports
China is negotiating with the EU regarding the bloc’s new restrictions on steel imports

The Chinese Ministry of Commerce has criticized the new European safeguard measures

Photo – Ukraine has extended anti-dumping measures on imports of seamless pipes from China
Ukraine has extended anti-dumping measures on imports of seamless pipes from China

For most producers/exporters from China, the anti-dumping duty rate will remain at 51.52%

Photo – China’s stainless steel exports fell by 28.5% y/y in January–April
China’s stainless steel exports fell by 28.5% y/y in January–April

Imports of these products fell by 7.8% over the first four months

Photo – Five EU countries are calling for the bloc to strengthen its trade defenses
Five EU countries are calling for the bloc to strengthen its trade defenses

Although the document does not explicitly mention China, it implicitly refers to that country

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