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China - Latest news GMK Center

Photo – India will monitor imports of Chinese steel before introducing new restrictions
India will monitor imports of Chinese steel before introducing new restrictions

In May, the country once again became a net importer of steel products

Photo – The Chinese steel market is experiencing a prolonged downturn in demand – experts
The Chinese steel market is experiencing a prolonged downturn in demand – experts

Exports have long been a mainstay of the country’s steel industry

Photo – Japan is imposing anti-dumping duties on imports of stainless steel from China and Taiwan
Japan is imposing anti-dumping duties on imports of stainless steel from China and Taiwan

Duties on products from the PRC will be up to 45 per cent, and on goods from Taiwan up to 21 per cent

Photo – Decarbonisation of heavy industry will shape China’s energy transition – study
Decarbonisation of heavy industry will shape China’s energy transition – study

Reducing emissions in ‘dirty’ sectors of the economy depends on access to clean electricity and a flexible power system

Photo – China is increasing its imports of coking coal following a mining accident in Shanxi
China is increasing its imports of coking coal following a mining accident in Shanxi

Chinese importers have turned to suppliers from Canada and Australia

Photo – Investment in Chinese property fell by 16.2 per cent y/y in January–May
Investment in Chinese property fell by 16.2 per cent y/y in January–May

The total area of construction work over the period fell by 12.3 per cent y/y

Photo – China reduced steel output by 3.9% y/y in January–May
China reduced steel output by 3.9% y/y in January–May

Over the same period, output of rolled steel fell by 1.5% year-on-year, and that of pig iron – by 3.1% year-on-year

Photo – China’s Jingye is seeking compensation from the UK over the takeover of British Steel
China’s Jingye is seeking compensation from the UK over the takeover of British Steel

The company will seek a settlement under the investment agreement between the UK and China

Photo – Baosteel has kept domestic prices for flat steel products unchanged for July sales
Baosteel has kept domestic prices for flat steel products unchanged for July sales

Винятком стала ​​зерниста електротехнічна сталь

Photo – China’s rolled steel exports fell by 8.1% y/y a five-month period
China’s rolled steel exports fell by 8.1% y/y a five-month period

Over the same period, the country increased its iron ore imports by 6.3% y/y

Photo – Global rebar prices rose by 0–6% m/m in May
Global rebar prices rose by 0–6% m/m in May

Despite the overall upturn, the Turkish market showed minimal growth against a backdrop of weak demand

Photo – Ore shipments from Simandou could exceed 20 million tonnes in 2026
Ore shipments from Simandou could exceed 20 million tonnes in 2026

Guinean ore is not yet set to replace Brazilian ore in China due to its high alumina content

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