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China’s steel industry will not be affected by India’s iron ore export limits, even though the neighboring country recently announced an increase in the export tax for multiple iron ore categories from May 22. In 2021, China imported 33.42 million tons of iron ore from India, accounting for only 2.97 percent of the total import . ....
India’s heavy duties on iron ore exports are expected to have a “tiny” impact on Chinese steel supply as the country is reducing its heavy reliance on Indian iron ore while diversifying its domestic and international supplies. The Indian government raised export tariffs on May 22 with a hike to 50 percent, from 30 percent, . ....
China's steel industry is expected to run smoothly for the rest of the year with demand growth outpacing production growth, and steel demand to further increase thanks to policy support, according to authorities. ....
China's steel industry is expected to run smoothly for the rest of the year with demand growth outpacing production growth, and steel demand to further increase thanks to policy support, according to authorities. ....
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