【SMM Steel】South Korea's Customs Service will implement regular four-year audits for all 28 products under AD duties, including carbon steel plate and PET film, starting this month. The move aims to counter rising protectionism and oversupply. AD cases rose from 5 in 2020 to 13 in 2025. Using AI-based monitoring, the KCS will detect evasion like false declarations or third-country circumvention. Selected firms will face integrated investigations.
Mar 23, 2026 16:30【SMM Steel】Turkey's steel exporters, facing global oversupply and rising protectionism, will prioritize nearby markets like the Balkans, Eastern Europe, and the EU. This leverages faster delivery and lower logistics costs. Despite a slow start due to CBAM, European demand is expected to recover in March-April. The sector also aims to boost high-value products like stainless and coated steel to move beyond price competition with low-cost producers.
Feb 25, 2026 14:12
Facing escalating trade tensions, the U.S. sharply raised tariffs on Chinese imports to a dramatic 104%, intensifying debates about their real impact. While the White House asserts these measures will revive domestic manufacturing, deeper analysis suggests the tariffs may serve more as political signals than effective economic solutions. This article examines the strategic motivations, practical limitations, and long-term implications of America's unprecedented tariff policy.
Apr 9, 2025 20:58He Yongqian, spokesperson for the Ministry of Commerce, stated at a regular press conference that China urges the United States to immediately cease the Section 232 tariff measures. China believes that the United States' initiation of Section 232 investigations into imported automobiles, steel, aluminum, and other products constitutes unilateralism and protectionism, harms the rights and interests of other countries, undermines the rules of the multilateral trading system, and does not contribute to the development of domestic industries. China calls on both sides to engage in equal dialogue and properly address the concerns of all parties.
May 15, 2025 16:35According to a report, China has denounced Canada's proposed tariffs on Chinese aluminium, steel, and electric vehicles. A spokesperson for the Chinese Embassy in Canada said Canada's tariff plans reflect a typical act of trade protectionism and political dominance.
Sep 5, 2024 16:15[SMM Analysis: Risk of Decline in Aluminum Wheel Exports] Due to factors such as the slow pace of global economic recovery and the rise of trade protectionism, there have been no many optimistic signals for overseas demand for aluminum wheels. In the future, there may be a risk of decline in China's aluminum wheel exports...
Aug 20, 2024 17:13