Core Insights - In March, China's steel exports reached 10.46 million tons, exceeding 10 million tons for the month again. In the first quarter, steel exports totaled 27.43 million tons, a year-on-year increase of 6.3%, marking one of the rare increases in recent years [1] - The increase in steel exports is attributed to domestic exporters and foreign clients rushing to export due to concerns over potential trade remedy investigations and uncertainties from the U.S. tariff war later in the year [1] - The Chinese steel industry is facing unprecedented challenges, with U.S. tariffs on Chinese steel products rising to 70% due to measures like "232" and "301," affecting specific products such as pipes and coated sheets [1] Industry Statistics - In 2024, China faced 33 trade remedy cases against its steel products, surpassing the total number of cases from 2020 to 2023, with 8 new investigations since the beginning of the year [2] - The National Bureau of Statistics reported that China's crude steel production for 2024 is projected at 1.005 billion tons, with apparent consumption at 892 million tons, indicating that domestic demand remains the primary focus for the steel industry [2] - The domestic demand for steel is declining, and the structural adjustments are causing pain points, leading to a rapid increase in steel supply while demand is decreasing, disrupting the fragile market balance [2]

美国的关税壁垒引发各国连锁反应，欧盟、加拿大、土耳其、印度等纷纷对进口钢铁产品发起保障措施 调查。2024年，我国遭受贸易救济原审案件 33 起，超过 2020-2023 年案件数量总和，今年初以来又遭 受国外贸易救济调查8起。国际钢铁市场碎片化趋势加速凸显，我国钢材出口面临的外部环境日益严 峻。据初步预测，现有美国高关税水平叠加其他国家相关贸易壁垒，2025年或影响我国钢铁产品直接、 间接出口2000万吨以上，其中大部分为高端钢材。 新浪合作大平台期货开户 安全快捷有保障 责任编辑：李铁民 2025年4月29日，中国钢铁工业协会召开信息发布会，中钢协表示，钢铁出口面临前所未有的严峻挑 战。3月份，我国钢材出口达到1046万吨，单月再度超过 1000万吨；一季度，钢材出口达到 2743 万 吨，同比增加6.3%，也是近几年同期少有的增幅。主要原因是国内钢材出口商和国外客户担心今年后 期相关国家对我国实施的贸易救济调查案件落地以及美国发动的"关税战"的不确定性，都在窗口期"抢 出口"。 受"232""301"等关税措施影响，美国对我国钢铁产品加征关税税率已增至 70%，部分品种受对等关税影 响税率超过 70%。 ...