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China - Latest news GMK Center

Photo – Emissions in China’s steel industry increased by 5.1% y/y in January-November
Emissions in China’s steel industry increased by 5.1% y/y in January-November

Sulphur dioxide emissions per ton of steel amounted to 0.19 kg/t, particulate matter – 0.21 kg/t, nitrogen oxide – 0.35 kg/t

Photo – Steel demand in China to fall by 1.5% y/y in 2025 – forecast
Steel demand in China to fall by 1.5% y/y in 2025 – forecast

Steel consumption in the country is forecast to reach 850 million tons next year

Photo – China’s steel exports to surpass 2015 record in 2024
China’s steel exports to surpass 2015 record in 2024

Cheap Chinese steel is actively flooding the global market, creating challenges for local producers

Photo – China reduced steel production by 4.3% m/m in November
China reduced steel production by 4.3% m/m in November

In January-November, the company's production decreased by 2.7% y/y

Photo – Baosteel to maintain current flat steel prices for January sales
Baosteel to maintain current flat steel prices for January sales

The company continues to adhere to the December price strategy

Photo – Steel exports from China exceeded 100 million tons in January-November
Steel exports from China exceeded 100 million tons in January-November

Annual export volumes are expected to exceed the 2015 record of 110 million tons

Photo – China collects feedback on project to measure emissions in steel industry
China collects feedback on project to measure emissions in steel industry

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

Photo – Canada expects $71 million in annual revenue from tariffs on Chinese steel and aluminum
Canada expects $71 million in annual revenue from tariffs on Chinese steel and aluminum

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

Photo – Chinese steelmakers cut losses in January-October amid economic incentives
Chinese steelmakers cut losses in January-October amid economic incentives

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

Photo – China increased iron ore production by 2.8% y/y in January-October
China increased iron ore production by 2.8% y/y in January-October

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

Photo – Real estate investment in China fell by 10.3% y/y in January-October
Real estate investment in China fell by 10.3% y/y in January-October

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

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