China’s policy settings for 2024, released in the Government Work Report on 5 March, disappointed markets. Although the government will continue to expand fiscal support for the economy, targets were viewed as too conservative to engineer a strong rebound, especially for traditional steel-intensive sectors. This suggests that China will not …

How have markets been impacted? And can this practice continue through 2024?

China’s full year trade data confirmed the significant increase in net steel exports which has pressured markets in the rest of the world. The shifting trade balance is fundamentally the product of China’s weaker economy last year. Domestic …

The development and growth of China's steel industry has been overwhelmingly driven by the demand brought about by domestic economic development, rather than exports. With the transformation of China's overall economy, the demand for steel products will see simultaneous changes in both total volume and structure. Which products are likely …

A recent Kallanish research trip to India was filled with comparisons to China in an earlier phase of its development. The two countries however are very different, and their steel industries face different challenges. They have access to different raw materials, have different social structures, different global relationships, and are …