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China - Latest news GMK Center

Photo – Baosteel invested 3.2 billion yuan in energy conservation and decarbonisation in 2025
Baosteel invested 3.2 billion yuan in energy conservation and decarbonisation in 2025

The company has reduced its annual carbon emissions by over 2 million tonnes

Photo – Global prices for coking coal rose at the end of May
Global prices for coking coal rose at the end of May

Market trends were altered by a fatal accident at a mine in the Chinese province of Shanxi

Photo – China is demanding a thorough analysis of a new shipment of iron ore from Fortescue
China is demanding a thorough analysis of a new shipment of iron ore from Fortescue

China Mineral Resources Group is seeking to strengthen its position in negotiations over iron ore trade

Photo – China is negotiating with the EU regarding the bloc’s new restrictions on steel imports
China is negotiating with the EU regarding the bloc’s new restrictions on steel imports

The Chinese Ministry of Commerce has criticized the new European safeguard measures

Photo – Ukraine has extended anti-dumping measures on imports of seamless pipes from China
Ukraine has extended anti-dumping measures on imports of seamless pipes from China

For most producers/exporters from China, the anti-dumping duty rate will remain at 51.52%

Photo – China’s stainless steel exports fell by 28.5% y/y in January–April
China’s stainless steel exports fell by 28.5% y/y in January–April

Imports of these products fell by 7.8% over the first four months

Photo – Five EU countries are calling for the bloc to strengthen its trade defenses
Five EU countries are calling for the bloc to strengthen its trade defenses

Although the document does not explicitly mention China, it implicitly refers to that country

Photo – Emissions from China’s steel industry fell by 8.2% y/y in April
Emissions from China’s steel industry fell by 8.2% y/y in April

Energy consumption at CISA facilities has decreased, while the share of on-site generation has risen to 65.32%

Photo – CISA forecasts pressure on China’s steel market in the near term
CISA forecasts pressure on China’s steel market in the near term

The industry will be affected by high production costs and a seasonal decline in consumption

Photo – Global prices for coking coal rose in mid-May
Global prices for coking coal rose in mid-May

In China, there is cautious optimism about the immediate outlook, while supply from Australia remains limited

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