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Economy & Markets
The latest on the economy's health and the markets driving the supply and demand of steel.
Latest News
Chinese Steel Exports Resurge
03 September 2024 - Chinese steel exports are on pace to reach or exceed 100 million metric tons this year, an eight-year high, reports the (London) Financial Times.
China Reconsiders Capacity Swap Program
26 August 2024 - With China’s demand for steel on the decline, the government is rethinking its policy for allowing new steel mills to be built, according to the Bloomberg news service.
China Baowu Braces for a “Harsh Winter”
14 August 2024 - China Baowu Steel Group Corp. is warning of the potential for China’s steel slowdown to spill over to the rest of the world and deepen its own problems, the Bloomberg news service reports.
New Wave of Chinese Steel Exports Softening Prices, ArcelorMittal Says
01 August 2024 - ArcelorMittal saw its second-quarter profits fall and said Chinese steel exports have put the market in “unsustainable” territory.
Nippon Steel Sells Stake in Chinese JV
23 July 2024 - Japan’s Nippon Steel Corp. is pulling out of its Chinese joint venture with Baoshan Iron & Steel, ending a 20-year relationship.
