China will roll out export licenses for select steel products starting January 1, 2026, the Ministry of Commerce announced this week. The move aims to streamline trade practices and ensure quality control as the country solidifies its role in global supply chains. 🔗
Under the new rules, exporters must submit contracts and quality certificates from manufacturers when applying for licenses. The policy targets specific steel items added to the revised 2025 export catalog—a response to shifting market dynamics since 2022, including rising export volumes and pricing pressures. 📉➡️📈
Steel remains a cornerstone of China's industrial might, with exports hitting $74.74 billion from January to October 2025 alone. However, complex trade chains and fluctuating demand have made tracking product flows increasingly challenging. The licensing system promises to bring order to this critical sector while supporting global supply stability. 🌐⚙️
"This isn't just about regulation—it's about responsibility," stated the China Iron and Steel Industry Association. The measures are framed as part of China's push for sustainable trade practices, balancing domestic growth with international market needs. 🤝💡
