China

At the same time, Chinese steelmakers reduced steel production by 10.3% in January-April

With the sanctions imposed, they had to find new markets and sell at a discount of up to 25%

Steel production in the country continues to grow, while demand has declined due to the coronavirus outbreak

The cost of raw materials fell by 1.13% in two weeks

In Q1 iron ore supply weakened in Brazil due to monsoon season, and after Russia's invasion of Ukraine

Rail transit of Chinese products through Russia may stop

Iron ore rise in price by 1-3% weekly after rise by 16% at February 25 – March 4

The court proceedings, launched at the end of the last year, have been extended to 15 months

ICIT launches an anti-dumping investigation into imports of metal products from China

Shipments of semi-finished products to the U.S. and China also showed growth

The anti-dumping investigation was initiated by Module-Ukraine LLC

The anti-dumping duties have been extended for another 5 years