China - Latest news GMK Center

The country plans to expand the national carbon market by the end of 2024

The new tariffs should compensate for the losses from cheap Chinese imports, promoting the development of local producers

Deliveries increased by 35.4% y/y.

In general, the situation in the industry has revived somewhat in recent months

In October, the indicator fell by 4.1% y/y

Sales of real estate by area decreased by 15.8% year-on-year in 10 months

In January-October, the company's production decreased by 3% y/y

Companies are joining forces to produce electrical steel in China, investing in modern technology and environmentally friendly materials

China, Brazil, South Africa and India requested that the topic be included in the COP29 agenda

12.78 million tons of indirect steel exports from China will be at risk

Rio Tinto notes that demand is shifting to higher quality raw materials

The agreements, in particular, provide for the construction of a plant for the production of high-strength cast iron pipes