{"id":672528,"date":"2026-11-02T09:46:18","date_gmt":"2026-11-02T09:46:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/672528\/"},"modified":"2026-11-02T09:46:18","modified_gmt":"2026-11-02T09:46:18","slug":"chinese-steel-industry-losses-snowball-as-demand-falls-and-costs-rise","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/672528\/","title":{"rendered":"Chinese steel industry losses snowball as demand falls and costs rise"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/business\/materials\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Materials<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">Harsh conditions incentivize exports, risking more trade tensions<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/11\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/8\/5.jpeg\" alt=\"20261102 china steel\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">A steel plant of Shandong Iron &amp; Steel Group in Jinan, Shandong province: The company says it is\u00a0being\u00a0&#8220;squeezed from both ends,&#8221; referring to the fall in market prices and increase in materials costs. \u00a9 Reuters<\/p>\n<p>KENJI KAWASE<\/p>\n<p>November 2, 2026 15:26 JST<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">TOKYO &#8212; Pressure on the Chinese steel sector has intensified as producers suffer from demand-sapping economic stagnation coupled with rising costs, especially for coal, raising the prospect that they will push more output abroad.<\/p>\n","protected":false},"excerpt":{"rendered":"Materials Harsh conditions incentivize exports, risking more trade tensions A steel plant of Shandong Iron &amp; Steel Group&hellip;\n","protected":false},"author":2,"featured_media":672529,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,229,14411,1181,113,11225,61,759,60,55169,21019,284910,5325],"class_list":["post-672528","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-chinese","tag-costs","tag-demand","tag-economy","tag-falls","tag-ie","tag-industry","tag-ireland","tag-losses","tag-rise","tag-snowball","tag-steel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/672528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=672528"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/672528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/672529"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=672528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=672528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=672528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}