In the week ending on March 1, 2025, domestic raw steel production was 1,641,000 net tons while the capability utilization rate was 73.7 percent.

The American Iron and Steel Institute (AISI) reported that for the month of January 2025, U.S. steel mills shipped 7,435,458 net tons.

To discover new business opportunities, China's foreign trade enterprises are actively expanding into high-growth markets and high-potential industries.

The counter tariffs will remain in place until the US tariffs are withdrawn and not a moment sooner, said Trudeau.

Liu made the remarks at the nation's top political advisory body's press conference on Monday, one day before its annual session.

He highlighted that the "America First Investment Policy" presidential memorandum issued by Trump further restricted two-way investment between China and the United States.

Rio Tinto is set to invest $US1.8 billion ($2.8 billion) to develop the Brockman Syncline 1 (BS1) project in the west Pilbara region of Western Australia.

South Asia's imported scrap market remained largely subdued, as Ramadan, fiscal concerns, and liquidity constraints weighed on buying activity across India, Pakistan, and Bangladesh.