Steel Futures Stabilize as China Launches Export Licensing Framework

Export and Trade Policy Shift

China has officially implemented an export licensing system to monitor outbound volumes and mitigate international trade cases. While not an outright ban, the procedural hurdle is expected to slow export growth and support domestic price floors.

AI and Infrastructure Needs

Beyond traditional construction, hyperscale data centers are becoming a significant demand driver, requiring up to 20,000 tons of structural steel per facility. This 'new economy' demand is helping offset the prolonged property sector slump in East Asia.