China - Latest news GMK Center

Shipments of products abroad increased by 36.2% and reached a maximum since 2016

In 2023, the volume of raw material imports increased by 6.6% y/y

The start of the implementation of the mechanism has already put China in an awkward position

The decline was unexpected, analysts on average predicted a rise to 49.5 points

Steel processing plants continued to reduce production against the background of a decrease in market activity

In 2023, foreign supplies supported domestic steel prices

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