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China - Latest news GMK Center

Photo – Chinese steelmakers boost profitability amid capacity cuts
Chinese steelmakers boost profitability amid capacity cuts

In the first half of the year, the industry's profits grew 14-fold thanks to reduced supply and weaker raw material prices

Photo – Global trade in coking coal declined by 6% year-on-year in January-June
Global trade in coking coal declined by 6% year-on-year in January-June

Australian supplies during this period decreased by 4% year-on-year

Photo – China reduced scrap imports by 5.5% y/y in January-June
China reduced scrap imports by 5.5% y/y in January-June

In June, this figure rose by 31.4% year-on-year

Photo – China lags significantly behind its competitors in EAF steel production – research
China lags significantly behind its competitors in EAF steel production – research

The country needs to significantly reduce blast furnace production to achieve climate goals

Photo – Emissions in China’s steel sector rose by 17.3% y/y in June
Emissions in China’s steel sector rose by 17.3% y/y in June

Energy consumption in the sector fell by 3.6% y/y during the month

Photo – China criticizes Canadian steel import tariffs
China criticizes Canadian steel import tariffs

The country's embassy in Ottawa said the tariffs violate WTO rules

Photo – Chinese steelmakers are using a new way to get around tariffs
Chinese steelmakers are using a new way to get around tariffs

Steel producers are increasing duty-free steel exports to some markets

Photo – China reduced iron ore production by 9.1% y/y in 1H2025
China reduced iron ore production by 9.1% y/y in 1H2025

In June, raw material production amounted to 88.97 million tons

Photo – Investments in Chinese real estate fell by 11.2% y/y in 1H2025
Investments in Chinese real estate fell by 11.2% y/y in 1H2025

Real estate sales by area fell by 3.5% year-on-year during the period

Photo – The dragon is coming: the long steel market is bursting at the seams
The dragon is coming: the long steel market is bursting at the seams

Exports of square billets from China increased fourfold in the first five months of 2025

Photo – China reduced steel production by 9.2% y/y in June
China reduced steel production by 9.2% y/y in June

In 1H2025, the figure fell by 3% y/y, the lowest volume since 2020

Photo – China increased steel exports by 9.2% y/y in 1H2025
China increased steel exports by 9.2% y/y in 1H2025

Imports of steel products decreased by 16.4% y/y during the period

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