icon

China - Latest news GMK Center

Photo – Steel production in China fell by 6.4% in July
Steel production in China fell by 6.4% in July

The total volume of production was 81.4 million tons

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

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

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

Photo – China increased iron ore imports by 3.1% in July
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%

Photo – CISA to set up committee to study iron ore market
CISA to set up committee to study iron ore market

The new structure will be able to coordinate the financial resources of enterprises, state institutions and banks

Photo – Chinese drills around Taiwan could disrupt global supply chains
Chinese drills around Taiwan could disrupt global supply chains

Military exercises are taking place along the busiest sea routes on the planet

Photo – China Baowu Steel acquired 51% shares of major steelproducer XinSteel
China Baowu Steel acquired 51% shares of major steelproducer XinSteel

The deal amounted to 4.26 billion yuan ($630 million)

Photo – Steel plants continue to stop production all over the world
Steel plants continue to stop production all over the world

Declining steel production is a new global trend

Photo – China intends to increase scrap processing capacity to 180 million tons by 2025
China intends to increase scrap processing capacity to 180 million tons by 2025

Against the backdrop of the development of electric steelmaking in the country, scrap processing capacities will increase by 30 million tons

Photo – Business expectations of Chinese steelmakers updated a historical low in July
Business expectations of Chinese steelmakers updated a historical low in July

The Purchasing Managers' Index expectations in the steel industry in China in July fell by another 3.2 percentage points.

Photo – Many Chinese steel plants left for maintenance due to low demand
Many Chinese steel plants left for maintenance due to low demand

Also, a number of enterprises for the same reasons stopped their blast furnaces

1 59 60 61 62 63 65