China steel rebar prices are down over 20% year to date at 3,208 Chinese yuan ($450) per ton, data from financial information provider Wind showed. "Chinese demand has been a major disappointment for ...
Each year China makes as much steel as the rest of the world combined. The vast scale of its output—around 1bn tonnes a year—is obscured by the fact that most of it stays in the country. Lately, ...
Weak domestic demand in China has led to a significant drop in steel rebar and h-beam steel prices, impacting global steel markets. The US construction industry, hampered by high interest rates, is ...
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. Strategists at Macquarie Group predicted that ...
Chinese steelmakers increasing exports of tariff-free steel products Exports of steel billets more than triple this year Many countries have tariffs on Chinese steel but not semi-finished steel ...
China's steel industry is redirecting its exports to Russia, with a significant increase in value, due to weak domestic demand and Russia's need for specialized and construction-grade steel amidst ...
On August 23 and 26, 2024, Canada announced a series of measures to address the threat of increased imports of Chinese electric vehicles (EVs), and steel and aluminum products and promised additional ...
Africa’s steel industry is undergoing a significant transformation, fueled by growing demand and increased foreign investment, particularly from China. In 2024, the continent’s steel market reached 39 ...
China's steel exports to grow by up to 9% this year - analysts Chinese steelmakers, traders pivot to new markets Exports may peak this year as protectionist backlash escalates - analysts BEIJING, Sept ...
FRANKFURT (Reuters) -The European Commission plans to impose tariffs of 25% to 50% on Chinese steel and related products in the next few weeks, German business daily Handelsblatt reported, citing ...