China

shutterstock.com
Profits of Chinese industrial enterprises increased by 0.7% y/y in May

Based on the results of five months, this indicator increased by 3.4% year-on-year

shutterstock.com
China increased iron ore production by 13.4% y/y in January-May

In May, the indicator increased by 9% y/y

shutterstock.com
Utilization of China’s blast furnace capacity continues to grow

The profits of steelmakers increased slightly thanks to the decrease in prices for raw materials

shutterstock.com
The 10 largest polluting countries emitted a record amount of CO2 in 2023

During the year, the indicator reached 24.5 billion tons, which is 582 million tons more than in 2022

shutterstock.com
Chinese provinces discuss targets to reduce steel production

Fujian has already announced a reduction in steel output by 3.5 million tons by 2024

shutterstock.com
Emissions in China’s steel industry increased by 7.6% y/y in January-May

Emissions of sulfur dioxide per ton of steel were 0.19 kg/t, solid particles – 0.2 kg/t, nitrogen oxide – 0.33 kg/t

shutterstock.com
Utilization of China’s domain capacity increased to a 7-month high

Mills slightly increased their ore purchases from traders due to increased production needs

shutterstock.com
Risks to the steel market from a slowdown in China’s economy

An increase in Chinese exports leads to losses in local markets and, as a result, to an increase in the number of trade restrictions

shutterstock.com
Real estate investment in China fell by 10.1% y/y in January-May

In May, the indicator decreased by 4.7% year-on-year

.shutterstock.com
Industrial production in China grew by 5.6% y/y in May

Last month's indicator did not meet analysts' expectations

shutterstock.com
China reduced steel production by 1.4% y/y in January-May

Analysts expect a decrease in steel production in China in 2024 by 1.1% y/y

shutterstock.com
Demand on the global long steel market is lower than supply – IREPAS

Market players expect China to slow its exports

1 10 11 12 13 14 45