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China says it wants to cut crude steel output this year but traders and steelmakers are betting Beijing won't follow through as industry profitability improves and trade tensions weigh on the economy.
Existing American tariffs already restrict steel and aluminum shipments from China, which is now flooding other markets with its exports instead. By Keith Bradsher Keith Bradsher, who started ...
You can get in touch with Micah by emailing [email protected]. China, the world's biggest steel exporter, is dealing with a supply glut as a prolonged housing crisis drags down construction.
China's steel exports are expected to reach a record high in 2024, driven by excess production and falling domestic demand. Analysts predict lower steel consumption in China for several more years ...
BEIJING/HANOI (Reuters) - New U.S. steel tariffs are set to disrupt a multi-billion dollar supply chain moving steel from China to the United States via third countries, ratcheting up competition ...
China's steel exports will soon hit an eight-year high, before sweeping tariffs sink in and drag down the industry in 2025, industry watchers said. As the biggest exporter of steel, China accounts ...
China will account for less than half of global steel consumption in 2024 for the first time in six years, according to the World Steel Association, as the decline in the country’s real estate ...
China’s is booming. China is the world's largest steel producer and exporter. However, after the imposition of a 25% tariff in 2018, China's steel exports to the US have significantly declined.