China exported 4.361 million tons of steel in November 2021, a decrease of 139,000 tons from the previous month, a year-on-year decrease of 0.9%; from January to November, China’s cumulative export of steel products was 61.875 million tons, a year-on-year increase 26.7%.

Later infrastructure investment will receive strong support and the real estate market will achieve a "soft landing". The warmer policy will help stabilize steel coil market confidence. .

steel coil price in January may rebound slightly after falling.

Baowu of China has been actively pursuing the layout and speeding up the development of international iron ore resources. The Hardey iron ore dominated by Baowu Resources has made breakthroughs.

The RCEP agreement, which took effect on Jan 1, covers roughly 30 percent of the world's population. It is expected to provide a strong boost to international trade and investment and contribute to global economic recovery.

Indonesia's ban on coal can easily cause the price of electricity shortage to rise and increase the cost of steel, which will lead to the increase in the price of galvanized steel coil and aluzinc steel coil.