Announcement of New Year's Day holiday in 2025

Green steel producers face “unwelcome problems”: high energy costs and immature technology.

Formosa and other Vietnamese hot-rolled steel exporters are subject to a temporary tax rate of 12.1%.

Any import tariffs on metals or minerals are likely to lead to higher domestic prices for domestic buyers, say Morgan Stanley experts.

Morgan Stanley bank experts say any import tariffs on metals or minerals are likely to lead to higher domestic prices for domestic buyers.

The best-case scenario for China's steel industry this year is that trade tariffs are not too harsh, the domestic economy continues to recover, and construction activity stabilizes or even increases.

In November, HRC steel exports continued to be gloomy, falling by 70%. Businesses are looking to the domestic market as a "support" for sales.