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China issues new regulations for exports of steel products-Die Casting Exhibition-Foundry Exhibition-The 26th China(Guangzhou) International Die casting Foundry & Industrial Furnace Exhibition 12/16/2025 壓鑄展-鑄造展- Die-casting expo-foundry expo |
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In the January-November period this year, China''s finished steel exports amounted to 107.717 million mt, hittingan historical high, up 6.7 percent year on year, according to the latest data released by China''s GeneralAdministration of Customs (GACC).
Against this background, on December 12 China''s Ministry of Commerce (lMOC) and General Administration ofCustoms (GACC) jointly announced the new export regulations for implementing export quotas on 300 items ofsteel products, covering pig iron, scrap, semi-finished steel, flat steel, bar, section steel, wire rod, and steelpipes, etc., effective as of january 1, 2026. This means that more steel products wil be subject to exportquotas, while earlier a number of products were absent from this list.
ltems 1-32: pig iron, ferroalloy, scrap and semi-finished steel.
ltems 33-224: hot rolled/cold rolled flat steel in coil or sheet, bar, sections. and wire products
ltems 225-300: Steel rail, seamless/welded steel pipes and pipe fittings
This move signals that China''s steel export policy is oficially shifting from "unrestricted exports" to a new stageof “proactive regulation and license-based management"
Application basis: enterprises must apply the export quota with the export contract and the "Product QualityInspection Certificate" issued by the manufacturers.
China''s "emergency" intervention is not a simple export curb, according to Chinese officials. it is designed tosafeguard domestic supply-chain stability, while pressing the industry to upgrade toward high-end, greenproduction, and systematically hedging against potential international trade frictions.
Imposing export restrictions on raw materials could safeguard domestic supply and ensure cost stability,according to official statements. lncreasing the hidden costs of primary products may push forward industrialtransformation. Meanwhile, the move may guide investments toward high-end products. Moreover, the controlon export volumes may reduce low-priced dumping, which will avoid antidumping and countervailinginvestigations and gain more leverage in trade negotiations. The strengthening of the management of scrapsteel could reduce reliance on imported iron ore and secure resource security for the steel industry.
In the short term, the move will increase export costs and uncertainties for steel exports. However, in the longterm, the move will strongly promote the development of China''s steel industry towards internal structuraloptimization and external value chain enhancement, Chinese officials stated.
"l see the major impact will be on billets. lt could also result in some shipment delays or cancellations formaterials already booked for Q1 [shipmentsl" a Singapore-based trader said. in the January-October periodthis year, China''s semi-finished steel exports amounted to 11.9 million mt, up 157 percent year on year.
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