Global Steel Industry at a Crossroads: Rising Output, Green Transitions, and Trade Tensions
China‘s Steel Production Hit a Ten–Month High China, the world’s largest producer of steel, reported a 4.6% increase year-on-year in crude steel production, with March 2025 production of 92.84 million metric tons, the highest volume since May 2024. The increase was driven by robust export demand and better profit margins, with 53% of Chinese mills […]
Global Steel Trade in Flux: US Tariffs Reshape Exports, China Adapts, and EU Emerges as Key Battleground
The Ripple Effects of US Steel Tariffs The Trump administration’s reinstatement of a 25% tariff on steel imports under Section 232—now applicable to derivative products such as electrical steel and fabricated structural components—has shaken the foundations of global trade. Although exports were the intended target, the resultant policy consequences fell heavily on countries such as […]
U.S.-China Tariff War Escalates to 54%: How Global Supply Chains Are Rewriting the Rules of Trade
Escalating Tariffs: A New Chapter in U.S.-China Trade Tensions The U.S. “reciprocal tax” policy targeting Chinese imports has entered a decisive phase, with combined tariffs on important Chinese goods accounting for 54 percent (the new tariff being charged at at34 percent on top of a preexisting 20 percent Section 301 tariff). The move was framed […]
Abrasion Resistant Steel in China: Industrial Uses | Promispecial
China dominates global abrasion-resistant steel production, manufacturing 62% of the world’s supply to meet industrial demands for extreme durability. This specialized alloy combines advanced metallurgical engineering with precision heat treatment, creating a material that thrives under punishing conditions—from mining ore crushers to bulldozer blades carving through rocky terrain. Its secret lies in China’s mastery of […]
Industry Insight: CITIC Pacific’s XCGT Steel Wins Global Supplier Award – What It Means for Precision Steel Innovation
Promispecial, a trusted partner in high-performance specialty steel solutions, congratulates CITIC Pacific’s Xingcheng Special Steel (XCGT) for being named a 2024 Top 8 Global Supplier by leading automotive manufacturer Schaeffler. As the only bearing steel producer awarded in this prestigious program, XCGT’s achievement highlights the growing global demand for ultra-clean specialty steels—a domain where Promispecial […]
Tianjin Port Mega-Expansion Accelerates – Promispecial Unveils Port-Optimized Steel Ecosystem
With Tianjin Port’s $22.9 billion modernization plan entering phase two, local industrial materials leader Promispecial announces strategic upgrades to its 12-category steel product system, specifically engineered for port infrastructure development. Port-Ready Material Solutions Leveraging 30km proximity to the upgraded port, Promispecial now offers: Structural Reinforcement Suite Anchor Chain Steel (Grade R3-R5): Ultra-high tensile strength (≥690MPa) […]
China’s Automotive Steel Industry Accelerates Innovation with Breakthrough Solutions
Ultra-Wide Cold-Rolled Steel Redefines Vehicle Body Manufacturing A state-owned steel manufacturer has pioneered 2150mm ultra-wide automotive steel with 0.02mm thickness precision using AI-driven rolling systems . This innovation enables automakers to: Cut welding costs by 30%: Single-sheet roof panels replace multi-part assemblies (previously requiring 2+ welded sheets) Boost production efficiency: Smart control models reduce rolling […]
China Steel Group Pioneers Development of High-Performance 25MnNi Alloy Structural Steel
Promispecial Delivers Cutting-Edge 25MnNi Alloy Steel to Empower Industrial Innovation The date given for this product is 2025, and 25MnNi alloy structural steel is being produced by one of the top Chinese steel producers as a cutting-edge material, intended for satisfying very heavy and rough conditions for modern industries. 25MnNi is made by some of […]
High-Strength Steel for EVs: How Lightweight Solutions and Supply Chain Shifts Create New Opportunities
Electric Vehicles Reshape Steel Demand: From Volume to Value The rapid growth of the electric vehicle (EV) market is transforming the automotive steel industry. While EVs use 15-20% less steel per vehicle than traditional cars, high-strength steel and specialty alloys now dominate critical components like battery frames and motors. For steel suppliers and automotive manufacturers, […]
Global Automotive Steel Demand Surges Amid Market Shifts and Raw Material Volatility
How China’s NEV Boom Reshapes Specialty Steel Priorities (2025 Industry Outlook) 1. China’s NEV Dominance Drives High-Performance Steel Innovation According to CAAM data, NEV sales surged 29.4% YoY in January 2025, with production exceeding 1 million units for the first time in a single month. This aligns with projections that China will account for 58% […]
