Notícias

In December 2023, China's steel exports increased by 43.1% year-on-year, while imports decreased by 5.0% year-on-year. Steel exports have shown a slight decrease compared to the previous month and a significant increase year-on-year. Overseas manufacturing PMI is operating in a contraction range, and external demand still faces contraction pressure. It is expected that the export volume of steel will decrease by about 10% year-on-year in 2024, while the import volume will remain at a low level.

Recently, the sixth round of coke price reduction has been implemented, and the production costs of steel mills have continued to decline. The demand for section steel in the market has recovered, and prices have shown a trend of stopping the decline and rebounding