China - Latest news GMK Center

U.S. industry associations are concerned about the negative impact of decisions made by China and Brazil

The company's net profit for the same period fell by 8.6% y/y

The market stabilized following a sharp rise in prices in certain segments in March

Market sentiment depends on how the conflict in the Middle East unfolds

Companies are required to report transactions involving raw materials to the CMRG

In January–March, production totaled 241.8 million tons

Energy consumption by companies in the sector fell by 4% y/y, while the share of self-generated power rose to 65%

The details of the agreements have not been disclosed, so it is difficult for the market to assess their scope at this time

The decline in construction has slowed, but demand for steel remains under pressure due to a weak market

The imbalance between ample supply and weak demand for steel continues to grow

Rising costs and weak demand have limited production, and March was the worst month for the industry since 2020

Specifically, this involves adjusting export strategies