China - Latest news GMK Center

Energy consumption in the industry increased by 1.1% y/y during the month

Local steel producers are disappointed with the government's decision

In January-September, the indicator fell by 2.9% y/y

By 2027, excess capacity will grow to 721 million tons

Chinese steelmakers exported 10.47 million tons in September

Countries reinforce trade defenses to curb growing Chinese steel exports

BHP has reportedly agreed to settle 30% of its spot ore trade with China in yuan

Markets are protecting themselves from Chinese steel, which is destroying global trade

China's CMRG and mining company held several unsuccessful meetings on terms of cooperation

Energy consumption in the industry increased by 0.1% y/y during the month

Steel production may be limited to 900 million tons per year

The country will support advanced competitive enterprises