China

Production restrictions during the winter season may further affect import volumes

Due to this, the sector intends to increase control over the prices of raw materials and strengthen the decarbonization of industry

Quotations of coking coal for the week of November 4-11, 2022 on the Australian market fell by 11%, and on the Chinese market – by 0.7%

Weak demand from the real estate and construction sectors will continue to put pressure on prices

The volume of iron ore imports this year will be lower than in 2021

The investigation was initiated by the Spanish rolling company Laminados Losal

During this period, the production of steel products fell by 1.4% y/y, and pig iron – by 1.2% y/y

Italian producers raise prices, and Turkish producers are forced to lower quotations

In September, supplies of coke to the country increased by 41.2% y/y

Production will be halved in China, and in Europe the energy crisis is pressing on the industry

In October 2022, the import of iron ore decreased by 3.7% year-on-year and by 4.75% compared to the previous month

Chinese suppliers will pay a duty of 19.7-22.1%, and Russian – 18.7-36.1% for another 5 years