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Steel mills continue to reduce output in July, but the problem is that demand remains weak. Beijing begins to hand on dealing with the oversupply, market sentiment turns up. ...
To review is to start better. Now dive deep with us into China's stainless steel market this first half of 2025. ...
Tsingshan continues to reduce production in July, and its plants in Indonesia have also been halted. ...
2025-06
Tsingshan Group reduces production in Indonesia, and the expansion is also suspended. The problem of oversupply is getting more outstabding.
We hope for world peace and for everyone's life to return to normal. Market turmoil increases because of the war, along with the continuous tariff conflict. Concerns over a tepid market and inflation are intensifying. Stainless steel prices keep faling.
The P.O.T.U.S. decided to add more drama to China's Dragon Boat Festival by unveiling its new plan concerning steel tariffs and a partnership with Nippon Steel.
2025-05
The surging sea freight is stirring up everyone's plans, while the price of stainless steel rose in a more rational way.
After the tariff reduction, shipping prices rose rapidly. Under the previous excessively high tariffs, China's exports to the United States fell sharply, with exports in April down 21% year-on-year. After the tariffs were eased, companies may have a strong demand for restocking.
