China - Latest news GMK Center

Shipments increased by 40.8% y/y and 10.1% m/m

The annual volume of consumption is forecast at the level of 236.4 million tons

Prices in the current month will remain in a narrow range

For 9 months, the total volume of steel production by the company amounted to 39.61 million tons

It is planned that the enterprise will begin operations in 2027

The operating income of these enterprises during the period decreased by almost 7% on an annual basis

The industry association calls on the country's steel plants to be disciplined in limiting production

The country is likely to import up to 120 million tons of this raw material during this period

Emissions of sulfur dioxide per ton of steel were 0.19 kg/t, solid particles – 0.21 kg/t, nitrogen oxide – 0.34 kg/t

In 2024, the indicator is expected to be at the level of 110 million tons

Real estate sales by area decreased by 17.1% y/y over 9 months

In January-September, production decreased by 3.6% y/y