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 metal calcium market has recently exhibited a volatile pattern, with currently subdued trading activity.

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

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The counter tariffs will remain in place until the US tariffs are withdrawn and not a moment sooner, said Trudeau.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

The U.S. Midwest duty-paid aluminium premium at above 40 US cents a lb or nearly $900 a metric ton is up nearly 60% since the start of 2025 AUPc1.

The US has imposed a 25 per cent tariff on steel and aluminium imports, set to impinge Australian companies from March 12.