Chinese steel flows face ongoing and new headwinds

AI Summary

Chinese steel exports face continuing and new challenges, with overall global steel flows declining 8% year-over-year in April 2026; Chinese steel exports rose proportionally but decreased in tonnage, while flows from other countries dropped significantly.

Steel flows slip into negative growth in April 2026 • Global steel flows soften 8% y/y in April 2026. • Flows originating in China increased proportionality to 45%, from a log-run average of 38%, but in tonnage terms, fell by 4% to 10mt. • Flows from outside of China have decreased by 11%. • Indonesia ...