The Chinese economy has a significant impact on the performance and profitability of the steel industries of countries worldwide. Learn how global steel markets react.

China's Iron and Steel Association said the 25% tariff increase on all steel and aluminum imports to the U.S. would have an adverse impact on the supply chain of the global steel industry, including China's steel industry,

Existing American tariffs already restrict steel and aluminum shipments from China, which is now flooding other markets with its exports instead.