Surge in China’s Steel Exports Amid Global Market Challenges
Chinese steel enterprises boosted exports by 10% year-on-year in the first eight months of 2025, reaching 77.49 million tons. According to the China Iron and Steel Association (CISA), this growth occurred despite tightened anti-dumping measures from major markets like Vietnam and South Korea. August saw a slight dip in exports to 9.51 million tons, down 3.3% month-on-month, with average prices falling 0.6% to $698 per ton. Despite these fluctuations, China’s steel shipments abroad remain stable, underscoring the resilience of its export sector.
Iron Ore Imports and Domestic Demand Influence Market Dynamics
Iron ore imports into China totaled 801.62 million tons between January and August 2025, marking a 1.6% decline compared to the previous year. However, August imports rebounded by 3.8% year-on-year to 105.23 million tons, aided by seasonal demand and attractive pricing. Prices hovered around $92.7 per ton, rising 1.4% month-on-month. This increase reflects mills restocking in anticipation of a strong production period. Meanwhile, steel imports into China fell sharply by 14.1% year-on-year, totaling 3.98 million tons, highlighting China’s self-sufficiency efforts.
SuperMetalPrice Commentary:
China’s steel export growth amidst rising anti-dumping barriers highlights its strategic positioning in global markets. The steady iron ore imports signal confidence in sustained production and demand cycles, despite overall lower domestic consumption. Monitoring these trends is crucial for global steel stakeholders, as China’s export capacity increasingly influences global pricing and supply chains through 2025.
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