Trade friction churning steel exports under pressure

Wang Guoqing, director of Lange Steel Research Center, analyzed that under the influence of market supply and demand, trade friction and other related factors, China's steel exports in 2025 are under pressure, but will remain relatively high. According to customs statistics, in 2024 China exported 110.716 million tons of steel, an increase of 22.7% year-on-year; imports of steel 6.815 million tons, a year-on-year decline of 10.9%. Among them, in December 2024, China exported 9.727 million tons of steel, up 25.9% year-on-year, up 4.8% from a year earlier; imported 621,000 tons of steel, down 6.6% year-on-year.

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Qianben Steel (Hebei) Co., Ltd. is located in the core base of China's iron and steel industry--Tangshan City, Hebei Province, which is a modernized iron and steel industry integrating steel production, processing and trading.

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