China - Latest news GMK Center

Shipments from a large-scale mining complex in Guinea usher in a new era of iron ore supply to the global market

The country seeks to reduce its dependence on imported supplies

The window of opportunity will remain open only for 2026 and 2027

Domestic production is recovering in China, while India is weighing the impact of possible tariffs on coke imports

Energy consumption in the industry decreased by 3.1% y/y during the month

Authorities seek to reduce steel intensity of the economy

Compared to the previous month, the indicator decreased by 3%

This concerns the purchase of Jingbao fine ore from an Australian company

The Ministry of Ecology and Environment intends to reduce quotas annually

During October, raw material production amounted to 84.03 million tons

Iron ore imports are likely to exceed their historic high, while steel production will fall below 1 billion tons

Steel production in the region is expected to decline by 2.5% y/y at the end of the year