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China - Latest news GMK Center

Photo – China’s path to low-carbon steel
China’s path to low-carbon steel

China's green transformation policy is characterized by consistency and relies on strong economic potential

Photo – Baosteel raises hot-rolled coil prices by $14/t for August sales
Baosteel raises hot-rolled coil prices by $14/t for August sales

The company kept prices unchanged for four consecutive months

Photo – China expands green energy targets in industrial sectors
China expands green energy targets in industrial sectors

The country aims to increase renewable energy consumption

Photo – Chinese steelmakers propose adding scrap metal to the list of strategically important resources
Chinese steelmakers propose adding scrap metal to the list of strategically important resources

It is also recommended to create a system for its processing, classification, and distribution

Photo – Asian coking coal prices fell in June amid weak demand
Asian coking coal prices fell in June amid weak demand

Large volumes from non-Australian suppliers appeared on the market

Photo – The world is stepping up measures against dumped imports of steel products
The world is stepping up measures against dumped imports of steel products

The US, Brazil, and China launch investigations or extend duties to protect their producers

Photo – Taiwan has imposed temporary anti-dumping duties on Chinese hot-rolled steel
Taiwan has imposed temporary anti-dumping duties on Chinese hot-rolled steel

The duty will be levied from July 3 and will remain in effect for four months

Photo – Domestic demand for steel in China continues to fall
Domestic demand for steel in China continues to fall

According to CISA forecasts, the country's steel market will face greater pressure in the near future

Photo – Emissions in China’s steel industry sector rose by 17.9% y/y in May
Emissions in China’s steel industry sector rose by 17.9% y/y in May

Energy consumption in the sector fell by 2.1% y/y during the month

Photo – Primetals’ EAF Quantum in China sets world record
Primetals’ EAF Quantum in China sets world record

Electric arc furnaces at China's Hubei Shunle regularly achieve 50 melts per day

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