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China - Latest news GMK Center

Photo – China urges steelmakers to cut production in northern part of country
China urges steelmakers to cut production in northern part of country

This move is likely to slow down the seasonal accumulation of steel product stocks

Photo – Australia watches companies negotiate with China over iron ore
Australia watches companies negotiate with China over iron ore

Government officials concerned about potential impact of price on federal budget

Photo – Excess supply due to Chinese exports coming to an end – CFO Nippon Steel
Excess supply due to Chinese exports coming to an end – CFO Nippon Steel

The company's CFO sees no need to reduce US Steel's capacity

Photo – Brazil imposes anti-dumping duties on Chinese steel products
Brazil imposes anti-dumping duties on Chinese steel products

The measures, which will remain in place for five years, apply to cold-rolled and hot-dip galvanized steel products

Photo – The growth of global prices for coking coal slowed down in February
The growth of global prices for coking coal slowed down in February

At the beginning of the year, there was limited supply of Australian raw materials on the market

Photo – Chinese steel exports will regulate demand for Supramax vessels
Chinese steel exports will regulate demand for Supramax vessels

The growth in global steel flows last year was driven by China

Photo – ANNOUNCEMENT: Kallanish Asia Steel Markets 2026
ANNOUNCEMENT: Kallanish Asia Steel Markets 2026

The event will examine the situation on the Asian steel market and current challenges

Photo – Global HRC prices rose in most regions at the beginning of the year
Global HRC prices rose in most regions at the beginning of the year

In the EU and the US, positive dynamics were supported by large local factories, which gradually raised their offer prices

Photo – Emissions in China’s steel industry rose by 4.4% y/y in December
Emissions in China’s steel industry rose by 4.4% y/y in December

cEnergy consumption in the industry decreased by 6.4% y/y during the month

Photo – China exported over 5 million tons of stainless steel in 2025
China exported over 5 million tons of stainless steel in 2025

Imports of these products amounted to 1.52 million tons

Photo – BHP seeks alternative ore buyers amid contract dispute with China – Reuters
BHP seeks alternative ore buyers amid contract dispute with China – Reuters

The company shipped Jimblebar ore to Malaysia and Vietnam

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