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2024-10-25 03:45:38
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cnbc.com_5 on Nostr: Summary of China's steel exports demand expected to falter in 2025 as anti-dumping ...

Summary of China's steel exports demand expected to falter in 2025 as anti-dumping measures intensify



The source article:
China's steel exports demand expected to falter in 2025 as anti-dumping measures intensify


Steel producers in China face a double-whammy of mounting overseas tariffs and weakened domestic demand at home.

https://www.cnbc.com/2024/10/25/chinas-steel-exports-face-headwinds-expected-to-drop-in-2025-after-hitting-eight-year-high.html

China's steel exports are expected to reach 109 million tons in 2024, driven by a lack of domestic demand and a surge in exports. However, industry watchers predict a decline in 2025 due to tariffs and anti-dumping measures imposed by other countries. China's steel industry is facing challenges, including a prolonged property crisis and slowdown in manufacturing activities.
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