News
November 10

The country, which is the world’s largest producer of steel, saw a decline in exports last month, driven by sluggish demand in the construction and automotive sectors. Analysts warn that unless global demand rebounds, China’s steelmakers may struggle to maintain profitability in the coming months.
Despite these challenges, the Chinese government has stepped in to support the industry with new policies aimed at reducing excess capacity and promoting green steel production. Industry experts believe that the push towards sustainability could open up new growth opportunities, particularly in the global market for environmentally friendly steel.