stainless steel - Latest news GMK Center

The company increased its shipments to 465,000 tons amid the impact of the CBAM and a seasonal uptick

High-tech industries, infrastructure, and green transition will be the market drivers

China's figure last year was 40.87 million tons

The company expects recovery in 2026

Imports of these products amounted to 1.52 million tons

The 2026 budget law provides financial incentives for such manufacturers until 2028

Growth was driven by the American market, while volumes declined in Europe

Earlier, a group of WTO experts supported the country on this issue

The joint venture envisages a production capacity of 2 million tons per year and strengthening positions in Southeast Asia

Due to high tariffs and weak demand, the company expects new restrictions on steel imports to the EU in the fall

During the period, stainless steel production volumes increased in most key regions

The company believes that US tariffs strengthen the position of local producers