Booming EV market drives up China’s indirect steel exports

While Chinese steel exporters continue to struggle with sustained weak demand in all overseas markets, the volumes of Chinese steel leaving the country is still increasing, albeit indirectly, in the form of electric vehicles (EVs).

The global decarbonization drive has seen exports of EVs from China - the world’s biggest car manufacturing country - grow rapidly in recent years, with data from the China Association...

Published

Zihuan Pan

December 01, 2022

13:22 GMT

Shanghai