Hey trade fam, heads up! 🔔 Starting January 1, 2026, China will kick off a fresh export licensing system for certain steel products. Here’s the lowdown:
- What’s new? Selected steel items now need an export license.
- How to apply: Submit your export contract + a product quality inspection certificate from the maker.
- Timeline: License rules go live at the start of next year (Jan 1, 2026).
Why the change? Steel’s been a powerhouse for China’s industry & global trade. From Jan–Oct 2025, exports of finished and primary steel hit a whopping $74.74 billion! 📊
But since 2022, booming export volumes + falling prices = a messy trade chain. Manufacturers struggled to track product flows, making it harder to keep standards high.
The China Iron and Steel Industry Association says this licensing move will:
- Standardize steel exports
- Boost high-quality development
- Help balance global supply and keep trade stable 🌏
Bottom line? This step shows China’s commitment to being a responsible big player in the steel game. If you’re in manufacturing, logistics, or just curious about how trade rules shape our world, keep this on your radar!
Stay tuned for more trade updates—catch you later! 🚀
Reference(s):
China to implement export licensing for selected steel products
cgtn.com
