Steel Crisis Looms: China's Market Teeters on Supply-Demand Precipice

China's steel industry faces a critical challenge as supply-demand imbalances threaten market stability. With domestic demand plummeting and exports reaching record levels in 2024, the sector is experiencing unprecedented strain. Steel production is projected to fall by 1.3% in 2025, reaching 990 million tonnes, while consumption is expected to decline by 1.5% to 850 million tonnes. The property sector's continued weakness and global trade restrictions are driving this complex economic challenge.

Source: China Metallurgical News and Hellenic Shipping News