- The world’s largest steel producer and exporter, China, is actively contemplating adding more curbs to halt environmental pollution which, most likely, will reduce its steel output and dampen exports.
- The China Iron and Steel Association (CISA) warned on its Wechat channel last Sunday of impending cuts in crude steel output along with government-led environmental checks.
- Since May, China has already revoked the rebates on export taxes and raised tariffs on some steel products to keep more steel within China.
For further details see:
China Aims To Further Reduce Steel Output