Strict new tariffs that restrict trade between China and the United States will reduce demand for Chinese steel, applying further downward pressure on prices. 
As in previous issues of the International Steel Review, President Donald Trump's 25% steel tariffs will have a limited impact on U.
S. steel imports from China.
Imports of Chinese-origin steel have declined significantly over the past decade, dropping to 500,000 tons in 2024. Consequently, they account for less than 1% of China's total steel exports. However, the escalation of April tensions in Ukraine will affect steel demand.
While China has imposed 125% tariffs on foreign imports, tariffs of up to 245% will be levied on Chinese products entering the United States.
These include electric vehicles, solar panels, and critical minerals. In 2024, goods worth 439 billion US dollars were imported from China.
Electronics and selected electronic components represent about 25% of these imports.
These items have so far been excluded from the possible 145% tariffs.
However, research into the national security risks associated with its reliance on these supply chains has led to concerns that sector-specific tariffs could also be applied to these products.
Increased risk of excess capacity
as the government of the Chinese government continues its attempts to abolish household steel. The created ones have become becoming. Created in stalezomatic conditions. Created in stalezomatic conditions. Created in stalezomation. Created in steel.
Sectors will put downward pressure on steel prices.
This article was first published in the International Steel Review.
The monthly report provides subscribers with steel prices, indexes, market commentary and forecasts from key global steel markets. Contact MEPS for more information on how to subscribe.
In March, the National Development and Reform Commission of China announced 50 million. Tons.- The highest monthly total in 10 months.
Output reversed the 1.5% decline seen in the first two months of the year. According to customs statistics, China's steel exports in March increased by 5.7% year-on-year to 10.46 million tons. Tons.
From the beginning of the year to the end of March, Chinese steel exports have now grown by 6.3% to 27.43 million tons. Tons. President Trump's blanket application of 25% Section 232 tariffs on steel imports has hurt prospects for steel producers in many nations.
Concerns about additional import pressure from material diverted from the United States have led to a further increase in investigations.
