Following complaints against the Chinese steel company Shanxi Taigan, a stainless steel manufacturer, Beijing began to analyze the import of stainless steel sheets in the local market. Local producers complain that foreign products are destroying local producers.
Early estimates say this is about $ 1.3 billion. Its suppliers to the Chinese market are manufacturers from Japan, the countries of the European Union, Indonesia and South Korea.
China produces and consumes about half of the world's stainless steel.
According to analysts, the Chinese move is dictated by the deteriorating situation of Chinese factories, which is the result of a trade war with the United States. The Donald Trump administration has imposed high tariffs on a range of Chinese products, including stainless steel.
+38 (098) 875-40-48
|
|
|
Subscribe to news 
Metallurgy news
- Today
22:00 In Moscow, the best participants in the olympiad "I - Professional" were awarded 20:00 Message of the Ministry of Natural Resources on Molibden - the second strong "bell " on the issue since 2022 18:00 Rare Earth metals (RMZ): Strategic call for Russia 17:00 China in June reduced the production of steel by 9.2% 15:00 Severstal expands the offer for the furniture industry 08:00 Take a look at your Apple Watch, now turn over your smartphone and look at its cameras. With a high degree of probability, you saw Russian glass (!!!), more precisely, artificial sapph - 14 July 2025
18:00 Nigeria: Localization of the production of electric cars in exchange for lithium 15:00 Trump introduces a 50% tariff for copper imports since August
Publications
14.07 Almaty crossings 09.07 Internet provider Kazakhtelecom: Services for the population 09.07 Reliable decisions in the field of thermal insulation 03.07 02.07 How to choose furniture in the hallway: secrets of comfort and amenities at the very beginning of your home
