China

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Baosteel maintains current flat steel prices for April sales

Chinese steel mills are currently reducing production of hot-rolled coils

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Global iron ore prices declined in early March

The reduction in Chinese imports in January-February failed to support the price of ore on the main trading platforms in Southeast Asia

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China intends to expand the national carbon market

The goal is to accelerate the fight against greenhouse gas emissions

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China reduced iron ore imports by 8.4% y/y in January-February

Analysts had expected a 10% drop in imports of these raw materials

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China announces plans to cut steel production

The authorities did not give specifics on the possible scope of cuts

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Vietnam imposes provisional duties on hot-rolled coils from China

The provisional anti-dumping duties range from 19.38% to 27.83%.

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Emissions and energy consumption of the Chinese steel industry decreased in January

The industry has reduced overall energy consumption and improved the use of clean sources

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South Korea imposes provisional duties on heavy plates from China

Temporary anti-dumping duties will come into force after approval by the Ministry of Economy and Finance

ANNONSE: Asia Steel Markets 2025

The conference will address the situation on global steel markets, opportunities and challenges in the Asian region

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Bolivia prepares to launch a Chinese-funded steel mill

The plant will initially produce 200 thousand tons of steel per year

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US steel tariffs could trigger a global trade war – CISA

The impact of these tariffs on Chinese exports will be limited in the short term

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Global scrap prices recovered by 1.5-2% since the beginning of the year

Turkish steel mills fear further price increases

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