The Chinese economy has a significant impact on the performance and profitability of the steel industries of countries worldwide. Learn how global steel markets react.

China's Iron and Steel Association said the 25% tariff increase on all steel and aluminum imports to the U.S. would have an adverse impact on the supply chain of the global steel industry, including China's steel industry,

The recent decision by the US to impose a 25% tariff increase on all steel and aluminum exports has sparked concerns within the global steel industry. China’s Iron and Steel Association has specifically voiced its apprehension,

The agency predicts in a forecast released Friday the world will need 4% more electricity annually through 2027. Meeting that demand will require adding more generating capacity than all of Japan — every year.

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support consumption and potential trade tariffs were not expected to impact economic growth.