Discover how China’s steel overcapacity is driving aggressive exports and price disruption across Canada, Europe, and Southeast Asia. Updated HRC pricing dataset (Jan 2024–Jun 2025) now available.
As of mid-2025, China is addressing domestic overcapacity through increased export activity, contributing to pricing pressure across key global markets.
From India to Vietnam, output is ramping up, while prices fall below breakeven in many regions. European and North American producers are bracing for a new wave of pricing pressure and trade enforcement is already back on the agenda
What the Data Shows:
- HRC offers from China and Korea are arriving in Europe at $405–552/t
- 🇨🇳 Chinese export volume to MENA and Southeast Asia has surged over 18% since Q1
- 🇨🇦 Canadian buyers report suppressed spot prices (avg. $792/t in June 2025)
- 🇪🇺 European markets like Spain and Italy show HRC falling below $730/t
- 🇰🇷 Korea’s average export-linked price: $552/t (June 2025)
Why It Matters:
- Overcapacity is distorting regional price baselines
- Countries are preparing anti-dumping cases and safeguard monitoring
- Buyers must rethink hedging, inventory, and Q4 contract positioning
What’s Inside the Report
Tariff & Trade Impact Monitor (Jan 2024 – Jun 2025)
Includes:
- Verified HRC prices across 25 countries
- Monthly values in USD and local currencies
- Central bank FX conversions
- Regional price pressure indicators
- Trade realignment risk by country
Ideal for:
- Procurement teams
- Trade law and compliance professionals
- Market strategists and analysts
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