China's crude steel output in 2024 fell 1.7% from the prior year to a five-year low, official data showed on Friday, hit by a long-running property market crisis that has depressed demand.
China is both the world's largest producer and consumer of steel. Because of the enormous size of the Chinese steel industry, any change in domestic production can have an outsized impact on the ...
Existing American tariffs already restrict steel and aluminum shipments from China, which is now flooding other markets with ...
China will export about 80-100 million tonnes of steel this year, down from 2024’s 110 million tones, local analysts told MNI ...
A China-funded steel plant in Bolivia first planned half a century ago is set to start production this month with enough ...
Chinese demand for steel is shrinking for the first time in 14 years. The country must act on its oversupply problem before producers break the dam A steel manufacturing plant in Shanghai, China. The ...
But really all these factors can be summed up in one statistic. According to ... as $200 in labour to produce one tonne of steel in the UK, while in China the figure is closer to $10 - around ...
BEIJING (Reuters) -China's crude steel output in 2024 fell 1.7% from ... data from the National Bureau of Statistics showed. Last year's output would likely mark the final year for crude steel ...
President Donald Trump’s promise to impose 25% tariffs Monday on all U.S. imports of steel and aluminum would primarily target U.S. allies, but at their heart they strike at his longtime nemesis: ...
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