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China - Latest news GMK Center

Photo – ICIT initiated a review of anti-dumping measures on pipes from China
ICIT initiated a review of anti-dumping measures on pipes from China

The Commission extended the duties on seamless stainless steel pipes from China until the review is completed

Photo – Emissions in China’s steel industry increased by 7.1% y/y in November
Emissions in China’s steel industry increased by 7.1% y/y in November

Energy consumption in the industry decreased by 4.5% y/y during the month

Photo – China outlines plan to stabilize real estate sector in 2026
China outlines plan to stabilize real estate sector in 2026

The strategy involves controlling new supply and reducing existing supply

Photo – Fitch Ratings expects global steel market to recover in 2026
Fitch Ratings expects global steel market to recover in 2026

The agency forecasts a 4.5% decline in steel production in China next year

Photo – India has imposed anti-dumping duties on imports of Chinese electrical steel
India has imposed anti-dumping duties on imports of Chinese electrical steel

The duty of $223.82/ton will be in effect for 5 years

Photo – Licensing of steel exports from China should ease trade tensions
Licensing of steel exports from China should ease trade tensions

The Ministry of Trade notes that the move complies with WTO rules

Photo – Iron ore production in China fell to 923.6 million tons in 11 months
Iron ore production in China fell to 923.6 million tons in 11 months

Ferroalloy production increased by 5.8% y/y during the period

Photo – China cut steel production to a two-year low in November
China cut steel production to a two-year low in November

Production fell below 70 million tons, with a 4% year-on-year decline over 11 months

Photo – China to introduce export licenses for a wide range of steel products from 2026
China to introduce export licenses for a wide range of steel products from 2026

Pig iron, semi-finished products, flat and long rolled products, as well as pipes and rail products are subject to control

Photo – Baosteel raises prices for hot-rolled coil for January sales
Baosteel raises prices for hot-rolled coil for January sales

The increase amounted to $14/t and was the first since September

Photo – China Mineral Resources Group criticized the situation on the iron ore market
China Mineral Resources Group criticized the situation on the iron ore market

The state trader also established an international trading company

Photo – China’s excess capacity problem has no quick fix – WorldSteel
China’s excess capacity problem has no quick fix – WorldSteel

The organization expects domestic steel demand to fall by 2% in 2025

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