Story perspectives
China's Steel Exports Surge Amid Weak Domestic Demand
12/9/2025
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Story summary
- China's steel exports have risen 6.7% this year to about 117 million tons, amid weak domestic demand.
- Aluminium exports declined 9.2% to 5.59 million tons, due to rising demand from manufacturing and energy sectors.
- China's aluminium production nears a 45 million ton cap, pushing global prices to their highest since May 2022.
- The outlook for steel depends on domestic demand recovery, with mills likely relying on exports to maintain profitability.
