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China's steel export momentum expected to slow in Q4

Source: Mysteel Sep 04, 2025 11:55

China's exports grew by 6.2% on-year in the second quarter of 2025, outperforming market expectations for the second consecutive quarter and maintaining solid overall momentum. However, this round of export growth was not driven by a recovery in global demand. Instead, it was largely the result of a front-loading strategy adopted by enterprises, aimed at avoiding the impact of a new round of U.S. tariffs scheduled for implementation in August. This export acceleration was also supported by a brief buffer period offered under the temporary Sino-U.S. tariff extension agreement.

The accelerated delivery pace led to a concentrated release of orders initially planned for the third quarter. This article will examine the key factors driving China's recent export performance and offer a short-term outlook. Exports Maintained Strength in Q2 Amid Tariff-Driven Front-Loading In the second quarter of 2025, despite the impact