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China - Latest news GMK Center

Photo – China will continue to build coal-fired power plants until 2027
China will continue to build coal-fired power plants until 2027

Facilities will be built in regions where they are needed

Photo – China increases steel production to 10-month high in March
China increases steel production to 10-month high in March

In April, steel output is likely to fall amid uncertainty over exports and domestic demand

Photo – China increased steel exports by 6.3% y/y in Q1
China increased steel exports by 6.3% y/y in Q1

Imports of iron ore decreased by 7.8% y/y over the period

Photo – China increases tariffs on US goods to 125%
China increases tariffs on US goods to 125%

China plans to ignore any further tariff increases by the United States

Photo – Baosteel maintains current flat steel prices for May sales
Baosteel maintains current flat steel prices for May sales

The company leaves the offer unchanged for the second month in a row

Photo – China raises tariffs on US goods to 84%
China raises tariffs on US goods to 84%

The new rate will come into force on April 10

Photo – US imposes 104% tariffs on imports from China
US imposes 104% tariffs on imports from China

Duties at this rate will be charged from April 9

Photo – Chinese steel market: consequences of the «great leap»
Chinese steel market: consequences of the «great leap»

China's metallurgy will continue to face systemic problems this year

Photo – China announces additional 34% tariffs on US goods
China announces additional 34% tariffs on US goods

The duty will be introduced on April 10

Photo – China tightens steel export rules
China tightens steel export rules

The new regulations are aimed at ensuring compliance with the tax legislation

Photo – China’s Ansteel suffered a loss of almost $1 billion in 2024
China’s Ansteel suffered a loss of almost $1 billion in 2024

Last year, the country's steelmakers faced a further deterioration in market conditions

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