Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
China significantly increased exports of semi-finished steel products during the first four months of 2026, highlighting shifting global trade dynamics and rising overseas demand. According to customs data, China’s exports of semi-finished steel products surged 47.8% year-on-year to approximately 4.94 million tonnes between January and April. In April alone, shipments reached around 1.64 million tonnes.
Industry analysts noted that Chinese steelmakers are increasingly focusing on semi-finished products such as slabs and billets as trade barriers and anti-dumping duties continue targeting finished steel exports in several global markets. Semi-finished steel products currently face fewer restrictions, making them more competitive in international trade.
Strong export growth has also been supported by weaker domestic steel demand in China and increasing demand from countries seeking affordable raw steel materials for downstream manufacturing. Markets in Southeast Asia, the Middle East, and other developing regions have emerged as major buyers of Chinese semi-finished steel products.Experts believe the rising exports could intensify global concerns over steel oversupply and pricing pressure, especially for steel producers in Asia, Europe, and North America already facing competitive import challenges.
Also Read : China’s steel bar exports surge by 9.4% in January-April Oil prices near 3-week highs on Middle East tensions, China demand
InCred, an analyst organisation, predicts that domestic steel spreads in India will fall further in...
Ferrous 26-Jun-2024
According to the sources, Adani Group unit in charge of significant Australian coal port has obtaine...
Large Corporate 14-Jun-2024
Steel Secretary Nagendra Nath Sinha mentioned during a national workshop conducted in Vigyan Bhawan...
Announcement 20-May-2024
In line with the principles of PM GatiShakti National Master Plan for providing multi-model connecti...
Press Releases 02-Feb-2024
German Chancellor Friedrich Merz will convene a Steel Summit at the Federal Chancellery on Thursday,...
Construction 04-Nov-2025
The India Energy Storage Alliance (IESA), an industry body representing the energy storage and elect...
Mid Corporate 02-Feb-2024