In the first half of 2026, the overall volume of steel exports fell steadily, and billet exports rose sharply. The original trial and filing of 12 overseas cases against China Steel has not abated. External restrictions tightened in the second half of the year, and the EU's new steel protection measures reduced quotas and introduced “smelting and casting” rules of origin, compounded global geographical disturbances, and the export environment became more complicated. In the next stage, we will strictly implement the steel export license management system, closely follow the direction of “promoting high-end, stable periphery, and strict supervision”, strengthen industry self-discipline, optimize export structures, deeply cultivate surrounding and emerging markets, actively respond to trade frictions, actively adapt to international rules, promote the transformation of exports to high-end and green, and achieve steady and orderly development.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.