Trade Barriers Escalate: Anti-Dumping Duties Impact 20% of Global Steel Exports
The EU, US, and India imposed anti-dumping duties on 12M tons of steel in 2024, targeting HRC, rebar, and coated steel. Chinese exporters are diversifying to ASEAN, Africa, and Latin America, where duty-free quotas under FTAs (e.g., RCEP) remain open.