French Minister of Economy: neither understand nor accept tariffs imposed on steel and aluminum from the United States
The European Commission issued an announcement on the 6th that, as a countermeasure against tariffs imposed on steel and aluminum products by the United States, the European Commission approved the same day to impose additional tariffs on all US products that have been notified to the World Trade Organization.
EU will counter the steel and aluminum tariffs and stick to WTO rules
Merkel stated in the German Bundestag before leaving for Canada to attend the G7 summit that Germany will work to safeguard its focus on trade during and during the chairmanship of the Group of Twenty (G20) and Italy last year as Chairman of the G7. The results achieved by climate issues do not reverse.
Achieve win-win cooperation in the “One Belt and One Road”
These are precisely the areas where Chinese steel products and technologies are relatively mature, and they are Chinese steel companies. Giving full play to its own advantages and achieving win-win cooperation in the “One Belt and One Road” has provided a broad space.
China's steel exports to Southeast Asia have increased rapidly---Part 2
In addition, Southeast Asia has also invested in the construction of a large number of wire and plate production lines in recent years, which has caused a sharp increase in pressure on China's steel exports to Southeast Asia.
Chinese steel exports to Southeast Asia have increased rapidly
The export volume of rods and rods alone was reduced by approximately 12.5 million tons year-on-year, and the volume of sheet exports was reduced by approximately 2 million tons year-on-year. Exports of profiles, tubes, and other materials also have varying degrees of intensity cut back.
Southeast Asian steel pipe supply market
According to statistics, in the past 10 years, the use of crude steel capacity in the ASEAN countries has continued to decline, gradually falling from 80% to less than 50%.
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