China

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EU considers increasing purchases from the US by €50 billion

China is evaluating the possibility of negotiations, and Japan aims to reach a trade agreement in June

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Baosteel plans to produce 52.6 million tons of steel in 2025

The company expects a nationwide decline in steel production this year

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Emissions in China’s steel industry increased by 9.7% y/y in March

Energy consumption in the industry increased by 2.1% y/y during the month

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China will continue to build coal-fired power plants until 2027

Facilities will be built in regions where they are needed

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China increases steel production to 10-month high in March

In April, steel output is likely to fall amid uncertainty over exports and domestic demand

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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