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China - Latest news GMK Center

Photo – China increased trading in quotas on its carbon market by 24% y/y in 2025
China increased trading in quotas on its carbon market by 24% y/y in 2025

The growth is largely attributable to the inclusion of three carbon-intensive sectors

Photo – China reduced iron ore production by 2.8% y/y in 2025
China reduced iron ore production by 2.8% y/y in 2025

In December, this indicator fell by 4.4% y/y

Photo – Fortescue strengthens cooperation with China for uninterrupted ore supply
Fortescue strengthens cooperation with China for uninterrupted ore supply

In particular, the company purchases solar panels and wind turbines from Chinese companies

Photo – Industrial production in China grew by 5.9% y/y in 2025
Industrial production in China grew by 5.9% y/y in 2025

In steel industry, this indicator increased by 4.5% on an annualized basis

Photo – Steel production in China fell to a seven-year low in 2025
Steel production in China fell to a seven-year low in 2025

Decline in construction demand reduced production, while rolled steel exports rose to record levels

Photo – The global economy and economies’ of Ukrainian major partners in 2026
The global economy and economies’ of Ukrainian major partners in 2026

In the context of external challenges for Ukraine, internal factors are becoming critically important

Photo – China rapidly increases its share of the Ukrainian long steel market
China rapidly increases its share of the Ukrainian long steel market

Last year, Chinese products accounted for only 4.7% of the market, while by the end of 2025, this figure had risen to 22.5%.

Photo – China will maintain control over steel production and exports in 2026-2030
China will maintain control over steel production and exports in 2026-2030

Regulatory restrictions should curb excess capacity, but the effect on global prices remains uncertain

Photo – China launches first steel production line with near-zero emissions
China launches first steel production line with near-zero emissions

The production capacity of the new line will be 1 million tons

Photo – China’s rapidly growing steel exports will lose momentum from 2026 onwards
China’s rapidly growing steel exports will lose momentum from 2026 onwards

The growing role of semi-finished products and the redistribution of supply routes are becoming the main trends in Chinese steel exports

Photo – Rolled steel consumption in China will fall by 5.4% y/y in 2025 – forecast
Rolled steel consumption in China will fall by 5.4% y/y in 2025 – forecast

In 2026, according to MPI forecasts, this figure will fall by 1%

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