CONF: China's steel prices to show mild rebound in 2026

After sliding steadily throughout this year, Chinese steel prices are expected to climb overall during 2026, supported by the potential decline in steel supply as well as the improved macroeconomic situation, Mysteel's chief analyst Wang Jianhua projected at Mysteel's annual conference in Shanghai last weekend.

Source: Mysteel "Domestic steel production is set to face tighter environmental constraints," Wang noted, citing the accelerated ultra-low emission transition mapped out for the steel industry and the gradual integration of the steel sector into the country's carbon emission trading scheme. The rise of investment in carbon emissions reduction – such