China

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Emissions in China’s steel industry increased by 4.1% y/y in 2024

Increased liquidity of BF capacities compared to EAFs increased emissions in the industry despite a decline in annual steel production

China’s steel market in 2024: export growth and domestic consumption decline

Last year, steel production fell by 1.7% to a 5-year low. Exports reached a historic high

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Chinese steelmakers to cut production amid falling demand

Steel consumption in the country may decrease significantly by 2030

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China reduced steel production by 1.7% y/y in 2024

Production amounted to 1.005 billion tons, which is the lowest level in the last five years

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China’s state grid operator plans $89 billion in investments for 2025

State Grid Corp. of China increases capital expenditures amid renewable energy growth

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China increased iron ore imports to a record 1.24 billion tons in 2024

Imports increased by 4.9% compared to 2023

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China’s HBIS Group has stepped up the use of low-carbon technologies

The company implements steel hydrogen solutions

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Emissions in China’s steel industry increased by 5.1% y/y in January-November

Sulphur dioxide emissions per ton of steel amounted to 0.19 kg/t, particulate matter – 0.21 kg/t, nitrogen oxide – 0.35 kg/t

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Steel demand in China to fall by 1.5% y/y in 2025 – forecast

Steel consumption in the country is forecast to reach 850 million tons next year

China’s steel exports to surpass 2015 record in 2024

Cheap Chinese steel is actively flooding the global market, creating challenges for local producers

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China reduced steel production by 4.3% m/m in November

In January-November, the company's production decreased by 2.7% y/y

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Baosteel to maintain current flat steel prices for January sales

The company continues to adhere to the December price strategy

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