Chinese Steel Exports Rise to Saudi Arabia
Chinese steel producers continue to expand exports despite global trade restrictions. Saudi Arabia has become a key growth market in 2025. Exports to the kingdom rose 41% year-on-year to 4.8 million tons. Long products nearly doubled, while semi-finished products increased more than sixfold. This surge comes as other markets, like Vietnam and South Korea, impose stricter import restrictions on Chinese steel.
Meanwhile, Southeast Asian markets remain strong, with the Philippines (+32.5% y/y), Indonesia (+27.5% y/y), and Thailand (+26.8% y/y) showing notable demand. Chinese exporters strategically redirect shipments to countries with fewer barriers, offsetting losses from tariff-imposed markets.
Global Trade Dynamics Shape Steel Exports
Trade restrictions significantly influence Chinese export patterns. Countries with tariffs accounted for 45% of shipments in the first nine months of 2025, down from 54% in 2024. Overall, China increased steel exports by 6.6% in January-October 2025, totaling 97.74 million tons.
This trend reflects China’s adaptability in navigating protectionist measures while maintaining global market share. The potential slowdown of Saudi Arabia’s Neom project could impact future demand, but current export momentum remains strong.
SuperMetalPrice Commentary:
Chinese steel exporters demonstrate strategic resilience by targeting high-demand markets like Saudi Arabia. Investors and global buyers should monitor Southeast Asia and the Middle East for ongoing shifts. Tariffs redirecting shipments highlight the importance of flexible supply chains and market diversification.
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