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 →
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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