EU tightens curbs on Russia-linked steel trade Russia-linked steel trade faces tighter curbs Infrastructure demand boosts rebar consumption China expands steel derivatives market
After years of price pressure from heavy Chinese export flows, Asia’s steel market may be nearing a turning point. Nippon Steel CFO Takahiko Iwai said the China-driven oversupply that weighed on regional pricing looks close to easing as exporters struggle to stay profitable overseas.
Chinese mills lifted shipments to offset weak domestic demand linked to the property downturn, pushing 2025 exports to a record 119 million tonnes (up 7.5%). But rising protectionism is narrowing destinations and adding cost friction, with multiple markets tightening trade measures.
Another pressure point is compliance: China’s broadened export licensing regime, effective January 1, 2026, could further constrain outbound volumes and change where supply lands. Iwai said the regional market appears “near the bottom,” suggesting a gradual supply-demand rebalance that could support steadier pricing and margins through 2026.
Also Read : China's factory activity expands on export order boost: Caixin PMI Foreign automakers raise exports as China sales remain weak
Jindal Steel & Power has significantly strengthened its manufacturing base by tripling its heat-...
Construction 12-Dec-2025
The economic success of India is grounded in the pursuit of reforms over the last years, Managing Di...
Business 02-Feb-2024
Mounting gas shortages are disrupting operations at some JSW Group steel plants, with one JSW...
India 16-Mar-2026
Tata Steel shares climbed over 3% in early trade after reports that the European Union (EU) plans to...
Construction 09-Oct-2025
Vardhman Special Steels Limited (VSSL) has approved setting up a new manufacturing unit for forging...
Construction 23-Dec-2025
Vibhor Steel Tubes Ltd has secured an order worth ₹4.02 crore for the supply of metal crash barriers...
Construction 14-Nov-2025