China

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Problems in China’s steel sector deepen – Bloomberg

Aggressive Chinese exports are affecting global steel exports

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China’s Shougang Group orders electric arc furnace from Danieli

EAF is intended for a subsidiary of the Chinese steel producer Qian'an Steel

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China increased iron ore imports by 6.7% y/y in January-July

In July, imports increased by 10% y/y and 5.3% m/m

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Thailand has extended anti-dumping duties on steel coils from China

Restrictions of 30.91% will apply to products under HS codes 7225 and 7226

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China’s steelmakers accelerate optimization of steel product mix

The country's steel sector has been facing a number of problems since the beginning of the year

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US steelmakers call for stronger trade protection measures

Industry groups call for Playing Field 2.0 Act to be included in package of laws to protect against unfair imports

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Baosteel to increase investment in rolled steel production in Saudi Arabia to $1 billion

The agreement on the creation of a joint venture in the country was signed in May

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Steel consumption in China will reach 900 million tons in 2024 – forecast

In the first half of the year, the visible consumption of steel in the country decreased by 3.3% y/y

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China’s macroeconomic indicators showed a downward trend in the first half of the year

In the country during the specified period, the volume of steel smelting fell amid decrease in the margins of steel plants

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Growth in Chinese exports leads to a drop in global steel prices

China's growing manufacturing capacity threatens emerging economies

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Emissions in China’s steel industry increased by 5.9% y/y in January-June

Emissions of sulfur dioxide per ton of steel were 0.2 kg/t, solid particles – 0.21 kg/t, nitrogen oxide – 0.35 kg/t

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China increased iron ore production by 13.2% y/y in January-June

In June, the indicator increased by 9.9% y/y

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