China - Latest news GMK Center

The increase in infrastructure investment and the improvement in the real estate situation are already having an impact on iron ore imports

The total capacity of the new blast furnaces will be approximately 4.4 million tons per year

Coking coal quotations for the week of March 6-13, 2023, in Australia decreased by 1.4%, and in China – by 0.6%

China's steelmakers are increasing steel production as they expect demand for products to pick up in March

The share of steel produced by electric arc furnaces will increase to 22% by 2030

Chinese coke plants are trying to increase the prices of their products

The import of rolled steel fell by 44.2% in the first two months

In most world markets, except for the European one, prices for rebar are increasing at the beginning of March 2023

In January-February 2023, the import of iron ore increased by 7.3% y/y

According to the forecast, in 2023, iron ore consumption by Chinese steelmakers will fall by 2.3% y/y

The country has high standards for imported scrap metal

Raw materials markets are waiting for the return of Chinese buyers