

{"id":7706,"date":"2025-12-18T23:03:08","date_gmt":"2025-12-18T19:33:08","guid":{"rendered":"https:\/\/steelworldreview.com\/an-earthquake-in-the-global-steel-market\/"},"modified":"2025-12-26T16:37:05","modified_gmt":"2025-12-26T13:07:05","slug":"an-earthquake-in-the-global-steel-market","status":"publish","type":"post","link":"https:\/\/steelworldreview.com\/en\/an-earthquake-in-the-global-steel-market\/","title":{"rendered":"An earthquake in the global steel market"},"content":{"rendered":"<p dir=\"ltr\" style=\"text-align: justify\"><strong>An earthquake in the global steel market: European giants move first as Beijing\u2019s export shock looms on the eve of 2026<\/strong><\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">As global markets prepare for the close of the calendar year, a series of strategic developments has significantly altered the outlook for the steel industry in 2026. From the implementation of a new export licensing system in China to announced price increases by ArcelorMittal, all point to a structural transition underway in the industry.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\"><strong>1-ArcelorMittal and a new wave of price increases in Europe <\/strong><\/p>\n<p dir=\"ltr\" style=\"text-align: justify\"><a href=\"https:\/\/corporate.arcelormittal.com\">ArcelorMittal<\/a>, the leader of the European steel market, has in its latest move raised prices for flat steel products (hot-rolled coil \u2013 HRC) by EUR 20 per tonne for March 2026 delivery.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">-Market signal: The company has set a target price of EUR 670 per tonne.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">-Driver of the move: Analysts believe this increase is less a result of genuine demand growth and more aa reaction to the imminent implementation of the Carbon Border Adjustment Mechanism (CBAM) and new restrictions on low-priced imports into the European Union.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\"><strong>2-The end of unchecked exports: Beijing\u2019s \u201cspecial licensing\u201d system takes effect <\/strong><\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">The Chinese government has officially confirmed that, starting from 1 January 2026, more than 300 steel products will be placed under a stringent \u201cexport licensing\u201d system.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">-Immediate impact: This announcement has triggered a rush of buyers seeking to finalize contracts before year-end.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">-Price situation: Iron ore on the Dalian Exchange rose 1.15 percent, reaching 786 yuan. Meanwhile, only 35% of Chinese steelmakers were profitable last month, and Beijing\u2019s move aims to restore market balance and prevent dumping.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\"><strong>3-India: production growth under the shadow of uneven competition <\/strong><\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">In South Asia, giants such as Tata Steel and JSW Steel are facing a peculiar paradox.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">-India\u2019s domestic production has grown by 5% this year, but the net profits of these companies have declined by approximately 36\u201338% compared to last year due to the influx of low-priced foreign products and volatility in raw material costs (coking coal). Tata Steel is now focusing on developing domestic capacities to reduce dependence on the volatile European markets.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\"><strong>4-Recession in traditional hubs: 11% production decline in Italy <\/strong><\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">Statistical reports indicate that crude steel production in Italy fell sharply by 11.8% in November. The ongoing crisis in Germany\u2019s automotive sector and construction projects in Southern Europe have pushed demand for long and flat products to its lowest level in the past two years.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">Sources:<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\"><a href=\"https:\/\/www.fastmarkets.com\/?utm_source=google&amp;utm_medium=cpc&amp;utm_campaign=_G_NA_Generic&amp;gad_source=1&amp;gad_campaignid=22691073302&amp;gbraid=0AAAAABUTnix6r4pQDDUNBl7FBEV6F_fzk&amp;gclid=Cj0KCQiA6Y7KBhCkARIsAOxhqtODFrh61DONkk2OHqPz6w36s1q-5YPiOqfHArF3XxCkAdcRApstb5oaAs_7EALw_wcB\">Fastmarkets<\/a> (UK): Exclusive report on ArcelorMittal\u2019s price increases and analysis of the European HRC index.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\">Mysteel Global (China): Details of the Chinese Ministry of Commerce circular regarding the list of 300 steel products subject to export licensing.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\"><a href=\"https:\/\/gmk.center\/en\/\">GMK Center<\/a>: Analysis of steel production in Italy and the interim profit and loss report of Tata Steel.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\"><a href=\"https:\/\/tradingeconomics.com\">Trading Economics:<\/a> Real-time data from the commodity exchange (DCE) and fluctuations in iron ore and rebar prices.<\/p>\n<p dir=\"ltr\" style=\"text-align: justify\"><a href=\"https:\/\/www.steelorbis.com\">SteelOrbis<\/a>: Report on China\u2019s hot-rolled coil (HRC) production statistics from January to November 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An earthquake in the global steel market: European giants move first as Beijing\u2019s export shock looms on the eve of 2026 As global markets prepare for the close of the calendar year, a series of strategic developments has significantly altered the outlook for the steel industry in 2026. From the implementation of a new export [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":7703,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","single_blog_custom":"497","parallax":"1","layout":"right-sidebar-narrow","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"float","share_float_style":"share-normal","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","post_reading_time_wpm":"200","post_calculate_word_method":"str_word_count","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_post_related":"1"}],"image_override":[{"single_post_thumbnail_size":"no-crop","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"\u062f\u0631 \u062c\u0631\u06cc\u0627\u0646","sponsored_post_label":"\u062d\u0645\u0627\u06cc\u062a \u0634\u062f\u0647 \u062a\u0648\u0633\u0637","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_review":[],"enable_review":"","type":"percentage","name":"","summary":"","brand":"","sku":"","good":[],"bad":[],"score_override":"","override_value":"","rating":[],"price":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[240],"tags":[761,393,389],"class_list":["post-7706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world_steel_news","tag-arcelormittal-en","tag-steel","tag-steel-world-review"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>An earthquake in the global steel market - steelworldreview<\/title>\n<meta name=\"description\" content=\"The global steel market on the eve of 2026 is facing structural shocks; 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