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steel export - Latest news GMK Center

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

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

Photo – EU and the US seek to conclude a temporary steel agreement
EU and the US seek to conclude a temporary steel agreement

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

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

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

Photo – Export of eco-friendly steel from Bharat is not possible under current CBAM – AMNS
Export of eco-friendly steel from Bharat is not possible under current CBAM – AMNS

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

Photo – Bharat and US agree on preferential treatment for steel exports
Bharat and US agree on preferential treatment for steel exports

Countries have closed pending disputes at the WTO

Photo – Turkish Yukselen Celik enters the European market
Turkish Yukselen Celik enters the European market

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

Photo – Chinese steel exports could reach 90 million tons in 2023
Chinese steel exports could reach 90 million tons in 2023

These volumes are approximately 30% more than in 2022

Photo – China increased the export of steel products by 28.4% y/y in January-August
China increased the export of steel products by 28.4% y/y in January-August

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

Photo – India reduced steel exports by almost 30% in January-July
India reduced steel exports by almost 30% in January-July

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

Photo – India increased rolled products export by 35% y/y in July
India increased rolled products export by 35% y/y in July

Compared to June 2023, exports increased by 3%

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