{"id":52188,"date":"2025-12-29T14:42:20","date_gmt":"2025-12-29T08:42:20","guid":{"rendered":"https:\/\/biztrend24.com\/?p=52188"},"modified":"2025-12-29T14:42:20","modified_gmt":"2025-12-29T08:42:20","slug":"china-steel-indirect-exports-to-grow-4-5-y-o-y-in-2026","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=52188&lang=en","title":{"rendered":"China: Steel indirect exports to grow 4-5% y-o-y in 2026"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Resilient machinery demand fuels export growth<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Licensing system targets high-value steel exports<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>MySteel Global:\u00a0As the global trade environment improves, China&#8217;s indirect steel exports are expected to grow 4-5% from the 2025 volume to around 150 million tonnes in 2026, primarily driven by resilient performance in key downstream sectors including machinery, automobiles, and shipbuilding, according to Mysteel&#8217;s new forecast.<\/p>\n<p>This outlook aligns with Mysteel&#8217;s projection of a medium-to-high 4.5% increase in China&#8217;s total export value in 2026.<\/p>\n<p>A major contributor will be the continued strong exports of steel-intensive electromechanical products such as machinery, automobiles, and home appliances. In 2025, China&#8217;s export growth from these three sectors alone is expected to account for over 60% of the total increase in indirect steel exports, Mysteel&#8217;s forecast report notes.<\/p>\n<p>Electromechanical products &#8211; including machinery, metal products, ships, steel structures, home appliances, containers, automobiles, motorcycles, and rail vehicles &#8212; are mostly steel-intensive downstream products, and their export volumes broadly reflect China&#8217;s indirect steel exports, Mysteel understands.<\/p>\n<p>Several macroeconomic and policy factors are expected to support this positive outlook. In 2026, the global economy is projected to see a mild recovery, with major developed economies likely to maintain accommodative fiscal and monetary policies, significantly improving global liquidity.<\/p>\n<p>Against this backdrop, international institutions such as the International Monetary Fund (IMF) and the World Bank forecast global GDP growth to rebound to the 3-3.2% range in 2026.<\/p>\n<p>Meanwhile, China&#8217;s export markets are becoming increasingly diversified, with demand from emerging economies in ASEAN, Africa, and other Belt and Road Initiative countries emerging as a key growth driver. This diversification is expected to provide a buffer against potential global trade uncertainties.<\/p>\n<p>Domestically, China&#8217;s reintroduction of an export licensing system for 300 steel products, effective January 1 2026, is expected to support steel exports over the longer term, according to the report. Under the system, Chinese steel exporters must obtain licenses by submitting formal export contracts and manufacturer-issued quality inspection certificates.<\/p>\n<p>The policy is intended to steer China&#8217;s steel exports toward higher value-added products. While it may curb direct exports of regular steel products, it is expected to enhance the competitiveness of premium steel used in high-end manufacturing, thereby creating more favorable conditions for indirect steel exports, the report notes.<\/p>\n<p>For 2025, Mysteel forecasts that China&#8217;s indirect steel exports will reach around 143 million tonnes, an increase of 9.5 million tonnes or 7% on year.<\/p>\n<p><em>Note: This article has been written in accordance with a content exchange agreement between MySteel Global and BigMint.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Resilient machinery demand fuels export growth Licensing system targets high-value steel exports MySteel Global:\u00a0As the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":52189,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[313],"tags":[],"class_list":["post-52188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"featured_image_urls":{"full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902.jpg?v=1766997733",1280,720,false],"thumbnail":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902-150x150.jpg?v=1766997733",150,150,true],"medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902-300x169.jpg?v=1766997733",300,169,true],"medium_large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902-768x432.jpg?v=1766997733",640,360,true],"large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902-1024x576.jpg?v=1766997733",640,360,true],"1536x1536":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902.jpg?v=1766997733",1280,720,false],"2048x2048":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902.jpg?v=1766997733",1280,720,false],"covernews-slider-full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902-1115x715.jpg?v=1766997733",1115,715,true],"covernews-slider-center":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902-800x500.jpg?v=1766997733",800,500,true],"covernews-featured":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902-1024x576.jpg?v=1766997733",1024,576,true],"covernews-medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902-540x340.jpg?v=1766997733",540,340,true],"covernews-medium-square":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902-400x250.jpg?v=1766997733",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902.jpg?v=1766997733","_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/52188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52188"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/52188\/revisions"}],"predecessor-version":[{"id":52190,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/52188\/revisions\/52190"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/52189"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}