China

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Steel production in China’s seven leading provinces fell by 6% y/y in January-July 2022

The indicators were affected by the Chinese government's desire for decarbonization, lockdowns and problems in the real estate sector

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ArcelorMittal’s problems in Europe will not affect the company’s activities in China

The partial shutdown of the corporation's blast furnaces in Europe will not hinder the expansion of production at its Chinese VAMA plant

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China reduced iron ore imports by 3.1% y/y in January-August 2022

In August 2022, the iron ore import decreased by 1.3% y/y and increased by 5.4% compared to the previous month

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Chinese investors to build a steel plant in Saudi Arabia

As part of the signed agreement, there is a plan to construct a EAF steel plant

China reduced iron ore production by 3.3% in January-July

Production decreased by 18.7% compared to June

Steel production in China fell by 6.4% in July

The total volume of production was 81.4 million tons

Chinese Hebei decided to decommission blast furnaces’ work with a volume less than 1 thousand cubic meters

Development and Reform Commission introduces "six modernization" tools for provincial iron and steel industry

The situation around Taiwan undermined US plans for tariffs on Chinese goods

Officials in Joe Biden's administration are weighing whether to eliminate some tariffs on Chinese goods or, conversely, impose others

Low carbon prices in Asia prevent emissions cuts in the region – Bloomberg

Emissions prices and taxes in the region are well below levels estimated to significantly affect polluters

China increased iron ore imports by 3.1% in July

In the first 7 months of the year, steel import to China decreased by 3.4%

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