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As the US continues to increase tariff barriers on Chinese cold-rolled steel and its products, the domestic cold-rolled steel processing automation equipment industry is setting off a collective transformation of the "Southeast Asia strategy". The latest industry data shows that China's exports of Cold rolled stainless steel production equipment to Southeast Asia in the first half of 2024 surged 45% year-on-year, becoming a bright spot in the foreign trade environment. Market reconstruction...
I. Policy background and scope of impact Since 2018, the United States has imposed a 25% tariff on imported steel ("Section 232") and continued to strengthen trade protection measures. In 2024, the Biden administration will further expand the scope of tariffs on China, and some cold-rolled steel and downstream automation Equipment for Cold Rolling stainless steel will face an additional 10-25% tariff barrier. This move directly affects the global steel supply chain and the export pattern of...
The global cold-rolled steel industry is currently in a critical stage of intelligent upgrading and green transformation. This trend has a multi-dimensional impact on our export business. The main opportunities and challenges are analyzed as follows: 1. Incremental opportunities in emerging markets Southeast Asia/India market expansion With the restructuring of the global industrial chain, Southeast Asia and India are accelerating the formation of automotive and home appliance manufacturing...
Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.
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Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.