A shift toward greener steel production could help China’s mills to restore profitability that’s been eroded by years of overcapacity and weak domestic demand, according to a think tank.
A shift toward greener steel production could help China’s mills to restore profitability that’s been eroded by years of overcapacity and weak domestic demand, according to a think tank.
A steel storage warehouse in Hangzhou, China, on Friday, Feb. 7, 2025. Metals investors are weighing the prospect of worsening international trading conditions after the Trump administration slapped tariffs on China and threatened other countries including Canada and Mexico.