China

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Demand for construction steel is expected to recover in China

Growth in April is likely to lag behind last year's levels

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China to finance projects to reduce emissions in industry

Projects will receive funding of up to 100 million yuan

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Vale and China’s CSU establish hydrogen steel industry laboratory

The Brazilian company donated $5.81 million to the laboratory

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Utilization of domain capacity in China has increased despite calls for restrictions

Some plants have increased production amid of improved profitability

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CBAM will increase the export value of Chinese steel products by 4-6%

Chinese experts see green transformation of steel industry as key to industry growth

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China will continue to regulate steel production in 2024

The state planner did not specify the timing or scope of the restrictions

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Chinese steelmakers urge authorities to limit steel production

15 major producers of long products expect the government to act to curb the fall in steel prices

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Iron ore prices fell to an 11-month low in March

Iron ore supply on the market exceeds demand

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CISA calls on Chinese steel mills to reduce capacity utilization

The industry association suggests planning production based on steel sales

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Trading activity in the European ferroalloy market remains slow

Buyers are putting pressure on ferrochrome prices, while enquiries for ferrosilicon were few and far between

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Exporting countries have almost exhausted EU quotas for the first quarter for some items

Quotas on imports of long products by some countries have actually been selected despite weak consumption in the EU

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Green construction in China will boost domestic demand for green steel

The country sets new targets for carbon emissions reduction and energy saving in the construction industry

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