China - Latest news GMK Center

The market is affected by a drop in domestic demand for steel in this country

In May, the US signed a trade deal with Britain, Trump promised and postponed 50 percent tariffs for the EU

Energy consumption in the industry increased by 0.5% y/y during the month

In April, the country's production of this raw material amounted to 84.7 million tons

The results contradict analysts' expectations, although they still remain quite high

The company has been applying this strategy for the third month in a row

The parties will continue discussing economic and trade relations

The indicator reached its highest level since September 2015

The industry association recommends switching from capacity expansion to quality growth

China is evaluating the possibility of negotiations, and Japan aims to reach a trade agreement in June

The company expects a nationwide decline in steel production this year

Energy consumption in the industry increased by 2.1% y/y during the month