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China - Latest news GMK Center

Photo – China increased steel exports by 27% y/y in January-April
China increased steel exports by 27% y/y in January-April

The import of steel products during this period decreased by 3.7% y/y

Photo – Primetals to supply Wuyang Iron and Steel with a CCM with record-breaking performance
Primetals to supply Wuyang Iron and Steel with a CCM with record-breaking performance

The unit will become the most powerful machine of this type in the world

Photo – China to support a series of low-carbon demonstration projects
China to support a series of low-carbon demonstration projects

Six of the announced projects are related to iron ore mining or steel production

Photo – Electrical steel becomes a key product in China’s steel industry
Electrical steel becomes a key product in China’s steel industry

The export of these products from the country has been growing rapidly in recent years

Photo – Asian iron ore market expects uncertainty in Q2
Asian iron ore market expects uncertainty in Q2

The recovery of prices depends on the growth of construction activity in China and the need to replenish stocks

Photo – Asian markets expect lower coking coal prices in Q2
Asian markets expect lower coking coal prices in Q2

In March, China led the decline in quotations

Photo – China to cut steel consumption again in 2024 – forecast
China to cut steel consumption again in 2024 – forecast

Return to steel production regulation will change the dynamics of the value chain

Photo – Emissions in China’s steel industry increased by 9.4% y/y in January-March
Emissions in China’s steel industry increased by 9.4% y/y in January-March

Sulphur dioxide emissions per ton of steel amounted to 0.2 kg/t, particulate matter – 0.19 kg/t, nitrogen oxide – 0.34 kg/t

Photo – China’s real estate investments decreased by 9.5% y/y in Q1
China’s real estate investments decreased by 9.5% y/y in Q1

The total area of construction works in January-March decreased by 11.1% year-on-year

Photo – China increased iron ore production by 15.3% y/y in Q1
China increased iron ore production by 15.3% y/y in Q1

In March, the indicator increased by 14.5% y/y

Photo – US steelmakers support Biden’s position on Chinese steel imports
US steelmakers support Biden’s position on Chinese steel imports

Industry associations are concerned about the growth of steel exports from China to world markets

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