China

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Bolivia prepares to launch a Chinese-funded steel mill

The plant will initially produce 200 thousand tons of steel per year

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US steel tariffs could trigger a global trade war – CISA

The impact of these tariffs on Chinese exports will be limited in the short term

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Global scrap prices recovered by 1.5-2% since the beginning of the year

Turkish steel mills fear further price increases

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Baosteel raises flat steel prices for March sales

The price increase will affect hot-rolled and cold-rolled coils

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China increased coking coal imports to a record level in 2024

During the year, raw material supplies to consumers reached 122 million tons

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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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