Baosteel bucks the coronavirus trend with surging U.S.-bound shipments March 11, 2020 Chinese steel exports may surge in March and April in response to a coronavirus-linked drop in demand for the products in China, S&P Global Platts reports. Chinese steel and aluminum exports dropped 28.6% and 22.7% year over year respectively in January and February combined in dollar terms as... Read more →
China Steels Itself For Yet Another Corrosive Trade Case December 9, 2016 The European Commission has followed the U.S. in deciding to investigate Chinese exports of corrosion resistant steel. This follows a complaint by the industry on October 25 and prior EC commitments to get tougher on the use of tariffs. Panjiva data shows EU imports of the products from China ... Read more →
BaoWu Needs More Than the Urge to Merge September 21, 2016 The merger of Baosteel and Wuhan Iron and Steel is a tangible sign of consolidation in the Chinese steel sector. It likely comes as a response to falling exports – national exports of steel materials and products fell 4.4% in the three months to July 31, Panjiva data shows. Baosteel performed ... Read more →
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