China - Latest news GMK Center

Energiron's technology makes it possible to produce products using more than 60% hydrogen in coke gas

In May, sentiment on the Chinese steel market remained negative

In May, import indicators remain stable

In April, the country's steelmakers faced a sharp drop in steel prices

The company predicts that the second quarter will be better compared to the previous one

In January-April, the indicator decreased by 21.4% y/y

Complicated international factors and weak domestic demand keep Chinese steel exports high

In April 2023, demand for steel from the real estate sector slowed down in the country

As of mid-May, steel stocks at the main steel enterprises of the PRC amounted to 16.26 million tons

In April, Chinese industry imported 8.39 million tons of coking coal

Duty rates remain at the level of 65.1%-73.7%

In the first January-April, the production of iron ore decreased by 8% y/y