icon

China - Latest news GMK Center

Photo – How the US became a leader in green steel production
How the US became a leader in green steel production

The U.S. steel industry went green long before the EU and other countries started talking about switching to greener technologies

Photo – China quadrupled its exports of semi-finished steel products in January-May
China quadrupled its exports of semi-finished steel products in January-May

At the same time, the trend in imports remains negative

Photo – China reduced iron ore production by 10.1% y/y in January-May
China reduced iron ore production by 10.1% y/y in January-May

In May, raw material production amounted to 85.79 million tons

Photo – China’s CMRG plays a prominent role in the country’s iron ore market – Bloomberg
China’s CMRG plays a prominent role in the country’s iron ore market – Bloomberg

The company's growth has helped to reduce the volatility of futures for this raw material

Photo – China reduced steel production by 6.9% y/y in May
China reduced steel production by 6.9% y/y in May

Government restrictions, weak demand and construction downturn change the dynamics of the steel industry

Photo – Chinese coke prices fall amid seasonal decline in steel demand
Chinese coke prices fall amid seasonal decline in steel demand

In the short term, these products may experience downward pressure

Photo – The Potential Impact of Trump’s 50% Steel Tariffs
The Potential Impact of Trump’s 50% Steel Tariffs

The move will intensify pressure on global steel trade, likely triggering a wave of new trade barriers worldwide

Photo – Price war in the electric vehicle sector hurts Chinese steelmakers
Price war in the electric vehicle sector hurts Chinese steelmakers

Competition among automakers puts pressure on raw material suppliers

Photo – Baosteel keeps flat steel prices unchanged for the fourth consecutive month
Baosteel keeps flat steel prices unchanged for the fourth consecutive month

Chinese steel mills refrain from raising prices due to market weakness

Photo – China increased steel exports by 9.9% y/y in May
China increased steel exports by 9.9% y/y in May

Steady outstripping shipments, fueled by fears of tariff hikes, boost exports

Photo – China’s steel sector aims to achieve ultra-low emissions by the end of 2025
China’s steel sector aims to achieve ultra-low emissions by the end of 2025

As of April, this goal was achieved by about 591 million tons of capacity

1 14 15 16 17 18 62