US tariffs? China’s steel industry has far bigger problems than that
The US gets most of its imported steel from Canada, Brazil, Mexico and South Korea. China, despite being the world’s largest steel producer and exporter, accounted for less than 2 per cent of US steel imports in 2024, according to the American Iron and Steel Institute.
The U.S. was the globe's No. 4 steel producer in 2023, but China rules the market. Will new tariffs on foreign steel change ...
U.S. President Donald Trump substantially raised tariffs on steel and aluminum imports on Monday to a flat 25% "without ...
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