China - Latest news GMK Center

The volume of steel consumption in the country has entered the peak zone

The demand for metal products in the country will decrease due to the winter season

Emissions of sulfur dioxide per ton of steel were 0.22 kg/t, smoke and dust – 0.26 kg/t, nitrogen oxide – 0.43 kg/t

In 2023, Chinese steelmakers will export about 90 million tons of steel

In the current year, this indicator will decrease by 3.3% on an annual basis

In November, this indicator increased by 6.6% year-on-year and fell by 1.1% m/m

Volumes of new construction for 11 months fell by 21.2% y/y

Steel production in the country has been falling for the fifth month in a row

Currently, quotations have lost momentum for growth, logistical problems may become the impetus for growth

The country has published an action plan for sustainable improvement of air quality

Demand will be stimulated by industrial production and investments

In November, Chinese steel companies shipped 3.2% more steel abroad than in October