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US tariff policy triggers economic self-inflicted damage, South Korean steel giants face emergency management
The United States recently imposed a 25% tariff on imported steel and aluminum products, a policy that has sparked widespread economic discussion. Australia’s Treasurer said that this tariff policy could lead to…
Future development trend of the steel industry
Mainly focused on the following aspects: Green and low-carbon development: With the global emphasis on environmental protection, the steel industry will accelerate its transformation towards green and low-carbon. This includes promoting short-process…
UK Declines to Retaliate Against U.S. Steel and Aluminum Tariffs
The British government recently said it would not take retaliatory trade measures against US steel and aluminum import tariffs. British government officials revealed that they will continue to engage with the United…
Japan-U.S. steel and aluminum tariff negotiations have reached a deadlock, and there has been no progress on the exemption issue
Japanese Minister of Economy, Trade and Industry Yoshiharu Muto held emergency talks with U.S. officials in an attempt to exempt Japan from U.S. tariffs on steel and aluminum products. However, the talks…
What impact do steel price fluctuations have on the global economy?
Fluctuations in steel prices have far-reaching impacts on the global economy, mainly in the following areas: Construction and infrastructure: Steel is a core material in the construction industry. Rising prices will increase…
South Korea to impose additional tariffs on China’s steel industry
Recently, South Korea decided to impose additional tariffs on Chinese steel products2. The Trade Commission of the Ministry of Trade, Industry and Energy of South Korea announced an anti-dumping investigation on hot-rolled…
How to improve the corrosion resistance of steel structures in deep sea environments?
Improving the corrosion resistance of steel structures in deep-sea environments requires comprehensive measures from multiple dimensions such as materials, processes, technology and management.
Global crude steel production in January 2025 fell by 4.4% year-on-year
According to statistics from January 2025, global crude steel production fell by 4.4% year-on-year. This decline may be affected by multiple factors, including the global economic slowdown, reduced demand, and the regulation…
The steel industry innovates supply and expands the market
The innovative supply and market expansion of the steel industry are important directions for the current development of the industry. With the development of the global economy and technological progress, the steel…
Support ultra-low emission transformation and energy efficiency improvement in the steel industry, and guide enterprises to accelerate the transformation of restricted equipment and obsolete equipment
Supporting the steel industry to carry out ultra-low emission transformation and energy efficiency improvement is of great significance for environmental protection and enterprise development. Here are some key points: Ultra-low emission transformation:…
South Korea’s KOSPI fell 0.6% as semiconductor and steel stocks retreated
South Korea’s KOSPI index fell 0.6% to 2,638.50 points, with semiconductor and steel stocks retreating. Foreign investors and institutional investors became net sellers, and Wall Street’s decline on Friday weighed on market…