China

World Steel News
China increased steel exports by 6.3% y/y in Q1

Imports of iron ore decreased by 7.8% y/y over the period

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China increases tariffs on US goods to 125%

China plans to ignore any further tariff increases by the United States

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Baosteel maintains current flat steel prices for May sales

The company leaves the offer unchanged for the second month in a row

China raises tariffs on US goods to 84%

The new rate will come into force on April 10

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US imposes 104% tariffs on imports from China

Duties at this rate will be charged from April 9

Chinese steel market: consequences of the «great leap»

China's metallurgy will continue to face systemic problems this year

China announces additional 34% tariffs on US goods

The duty will be introduced on April 10

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China tightens steel export rules

The new regulations are aimed at ensuring compliance with the tax legislation

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China’s Ansteel suffered a loss of almost $1 billion in 2024

Last year, the country's steelmakers faced a further deterioration in market conditions

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China introduces new environmental restrictions for industrial giants

Beijing announces expansion of emissions trading system to cover more than 60% of the country's CO2

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A number of Chinese steelmakers have started to cut production

This comes amid the government's announcement of the following steps

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