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China - Latest news GMK Center

Photo – China’s carbon market expansion may have limited impact in the first phase
China’s carbon market expansion may have limited impact in the first phase

According to experts, a relatively low bar has been set for companies

Photo – China increased steel exports by 21.3% m/m in August
China increased steel exports by 21.3% m/m in August

Low domestic sales and fears of an increase in trade conflicts in the future contributed to the hyped sales

Photo – China to add steel and aluminium to carbon market in late 2024
China to add steel and aluminium to carbon market in late 2024

Reducing emissions could soften the blow from Europe's CBAM

Photo – Turkey should protect the market from Chinese steel as soon as possible – TCUD
Turkey should protect the market from Chinese steel as soon as possible – TCUD

Imports of Chinese steel into the country continue to grow exponentially

Photo – China’s Jianlong is considering investments in steel production in Kazakhstan
China’s Jianlong is considering investments in steel production in Kazakhstan

Jianlong is exploring opportunities to build a new steel plant in the country

Photo – Chinese steel exports to hit eight-year high in 2024 – FT
Chinese steel exports to hit eight-year high in 2024 – FT

Such volumes threaten to increase tensions in global trade

Photo – Baosteel plans to export 10 million tons of steel per year by 2028
Baosteel plans to export 10 million tons of steel per year by 2028

In H1 2024, the company's exports reached 3.04 million tons

Photo – Chinese blast furnaces experienced losses from the sale of rolled steel in July
Chinese blast furnaces experienced losses from the sale of rolled steel in July

The increase in losses was caused by falling prices and demand, as well as seasonal factors

Photo – Asian steel prices will have limited support in Q3 – S&P Global
Asian steel prices will have limited support in Q3 – S&P Global

The reasons are weak seasonal demand and problems with exports

Photo – China increased steel exports by 21.8% y/y in January-July
China increased steel exports by 21.8% y/y in January-July

The import of steel products during this period decreased by 6.7% y/y

Photo – ANNOUNCEMENT: China Steel Industry Summit for 2025 Market
ANNOUNCEMENT: China Steel Industry Summit for 2025 Market

The main focus of the forum will be on issues of dynamics and challenges in the markets of steel, ore, coal and coke

Photo – Real estate investment in China fell by 10.2% y/y in January-July
Real estate investment in China fell by 10.2% y/y in January-July

Real estate sales by area in 7 months decreased by 18.6% year-on-year

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