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Photo – China’s steel exports will exceed 100 million tons in 2025 – Baosteel
China’s steel exports will exceed 100 million tons in 2025 – Baosteel

The company is negotiating potential investments in Asia, Africa, and the Middle East

Photo – China to cut steel production by at least 25 million tons in 2025
China to cut steel production by at least 25 million tons in 2025

Authorities to restrict outdated capacities and introduce categorized management

Photo – China’s green transformation is challenging Australia’s raw materials model
China’s green transformation is challenging Australia’s raw materials model

Beijing is stepping up its efforts to decarbonize steel, and Australia will have to adapt its exports

Photo – China has significantly expanded its presence in the Ukrainian rolled steel market
China has significantly expanded its presence in the Ukrainian rolled steel market

During January-June, steel product deliveries increased by 70% year-on-year

Photo – Метallurgists in Tangshan will suspend production in August–September
Метallurgists in Tangshan will suspend production in August–September

A pause may affect prices on the section steels market

Photo – Baosteel increases hot-rolled coil prices by $28/t for September sales
Baosteel increases hot-rolled coil prices by $28/t for September sales

The company announces a price increase for the second consecutive month

Photo – The US and China have extended the tariff truce for 90 days
The US and China have extended the tariff truce for 90 days

The postponement was the expected outcome of the latest round of negotiations in Stockholm

Photo – China increased steel exports by 1.6% m/m in July
China increased steel exports by 1.6% m/m in July

Imports for the period decreased by 3.8% compared to June

Photo – China’s Shagang consistently raises prices for long products
China’s Shagang consistently raises prices for long products

The company added 200 yuan/t ($8/t) to its list prices for August 1-10

Photo – CISA calls on Chinese steelmakers to self-regulate production
CISA calls on Chinese steelmakers to self-regulate production

Steel mills are also asked to adjust their export strategies

Photo – The EU and the US will form a metals alliance to counter China’s excess capacity
The EU and the US will form a metals alliance to counter China’s excess capacity

The agreement between the parties opens up clear prospects for joint action on steel, aluminum, copper, and related products

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