ChineseSteel

Chinese Steel Production Soars Despite Beijing's Promises to Cut Output

1 month ago

In a surprising twist within the global steel market, Chinese steel production has surged markedly, defying the expectations set forth by the Chinese government's commitment to reduce output. Recent reports indicate that while the nation has pledged to cut down on steel production to meet environmental goals, the reality on the ground tells another story.

South Korea Joins the Tariff Battle: Aiming Tariffs on Chinese Steel Imports

3 months ago

In a significant move reflecting growing domestic pressures and international trade dynamics, South Korea has announced plans to impose tariffs on Chinese steel imports. This decision aligns with protectionist strategies adopted by various nations, echoing actions taken by the former Trump administration in the United States.

Japan Trade Agency Proposes Anti-Dumping Measures Against Chinese Steel Imports

8 months ago

Japan's trade agency is proposing strict anti-dumping measures against imports of Chinese steel in a major move to shield its domestic steel industry. This comes amid growing concern over the surge in low-priced Chinese steel products that have flooded the Japanese market and started hurting local manufacturers.