China

metinvest.media
China has cut imports of finished steel to a 30-year low in 2022

In 2022, the country imported 10.57 million tons of steel, which is 25.9% less y/y

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The consumption of scrap in China will remain stable

The import of scrap to the country fell by 4% y/y last year

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China’s steel plants took up high production rates after the holidays

The country's steelmakers hope for an improvement in domestic demand

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European CBAM will accelerate decarbonization in China

China's national ETS currently only covers the energy sector

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China iron ore prices adjust amid government price controls

Iron ore futures on the Dalian Exchange for the week of January 27 – February 3, 2023, fell by 1.2% compared to the previous week

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Chinese steelmakers’ revenues in 2022 fell by 91.3% y/y

In the sector of ferrous metal ores extraction and beneficiation, revenues decreased by 22% y/y

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The global rebar market in January 2023 was marked by a slowdown

European producers have not managed to increase prices, and the Asian market is defined with trends

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China reduced the production of iron ore by 1% y/y in 2022

In December, production decreased by 2.4% year-on-year

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Shanghai will ban steel capacity additions in 2023

The use of scrap should increase to 15% by 2025

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Australian coking coal prices continue to rise

Market reports indicate potential interest from Chinese buyers

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Opening China’s economy will help Indian steelmakers

Rise in import prices will increase the production of steel makers in India

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Steel consumption in China in 2022 decreased by 3.3% y/y

The indicator has been decreasing for the second year in a row

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