steel export

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

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

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

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

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

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

The country's steelmakers are already working on the decarbonization of production

Countries have closed pending disputes at the WTO

The special steel producer expects to expand its export activities in Europe

These volumes are approximately 30% more than in 2022

In August, Chinese steel companies shipped 13.3% more steel abroad than in July

In July, exports increased by 34% compared to the previous month