steel export

Complicated international factors and weak domestic demand keep Chinese steel exports high

Due to rising energy costs, steel shipments from Spain fell to the level of pandemic 2020

In monetary terms, the export of such products decreased by 13.5% m/m for the month

In one month, Indian steelmakers shipped 855,000 tons of steel for export

Shipments of flat rolled products from the EU decreased by 10% y/y, and of long products – by 22% y/y

The country is taking steps to reduce carbon emissions in industry

Lower energy prices should help steel producers

In monetary terms, the export of such products increased by 53.9% m/m

Export volumes of rolled products decreased by 50.2% y/y

The ban will come into effect on April 7, 2023

The profile ministry monitors the prices of steel and raw materials

The import of rolled steel fell by 44.2% in the first two months