steel export

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Baosteel’s steel exports to exceed 5 million tons in 2023

Such indicators are expected against the background of the expansion of foreign markets

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India became a net importer of steel in October

During the month, the country imported 570,000 tons of steel, which is 4% less compared to October 2022

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CBAM implementation can increase the value of Bharat’s exports by 20-35%

A country can oppose the mechanism or work with it within the framework of its own initiatives

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The prospects for a steel agreement between the EU and the US remain uncertain

According to the sources, the parties did not reach a breakthrough ahead of the October 20 summit

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Turkish steelmakers expect competition from the Persian Gulf countries

It is difficult for Turkish producers to compete with the region's steelmakers due to higher costs

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Turkiye increased rebar exports by 12.1% m/m in August

Shipments fell by 35.8% year-on-year

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The importance of the African market is growing for Turkish steelmakers

The country's steel producers are concentrating on alternative directions to compensate for the losses

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China increased exports of steel products by 31.8% y/y in January-September

In September, Chinese steel companies shipped 2.6% less steel abroad than in August

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The implementation of CBAM carries the risks of the emergence of two parallel markets – expert

According to experts, it may be about the market of ecological steel from the EU and the consumer market outside Europe

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EU and the US seek to conclude a temporary steel agreement

In this way, the parties try to prevent the return of mutual duties

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Limitation of steel production in China will support global steel industry – ArcelorMittal CEO

The situation will also be affected by China's demands to open new capacities and protective trade measures

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China’s steel exports in the IV quarter will depend on the level of production

Another key point is the impact of the future implementation of CBAM

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