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China Cancels Export Tax Rebates for 146 Steel Products

China cancels export tax rebates for 146 steel products, which is commencing on May 1, 2021. In order to better guarantee the supply of steel resources and promote the high-quality development of the steel industry, with the approval of the State Council of China, the Tariff Commission of the State Council recently issued an announcement …

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Steel Prices Increasing Resulted in the Disappearance of 75,000 Jobs

Steel prices have increased by 160%, 75,000 jobs have disappeared, and the United States has successively demanded the abolition of 232 tariff measures. According to Yonhap News Agency’s report on March 29, the Tariff Reform Coalition recently issued a statement, which states that the imposed tariff measures by former US President Trump are “inefficient” and …

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