Uganda's steel production is still extremely dependent on imports
Uganda's development of the steel industry has inherent advantages. For example, Uganda has a wealth of high-grade iron ore resources, strategically geographically radiating neighboring countries.
Uganda's industrialization accelerates China's steel enterprises to have "opportunity" to find
In order to help Uganda's infrastructure construction and promote the development of its steel industry, China continues to provide financial support. Some Chinese steel companies are actively pursuing international capacity cooperation in Uganda and investing in local factories with the help of the “Belt and Road” initiative.
Brazil's anti-subsidy affirmative final cut for Indian cast iron and / or chrome steel grinding balls
On April 1, 2019, Brazil made a counter-subsidy affirmative final ruling on cast iron and/or chrome steel grinding balls originating in India: decided to deal with India from March 28, 2019. The product is subject to a five-year countervailing duty.
Indonesia extended its anti-dumping duty on H-beam and I-beam for China for the second time
EU's second anti-dumping sunset review of China's ferrosilicon
On April 2, 2019, the European Commission issued a notice stating that the application submitted by the European Union Euroalliages on behalf of the producers of ferrosilicon production accounting for 90% of the total output of similar products in the EU on January 3, 2019, is native to China and Russia.
IMF cuts global economic growth to 3.3%: China is the only country that raised expectations
On the 9th, the International Monetary Fund (IMF) lowered its forecast for global economic growth in 2019 to 3.3%. This is the second time the IMF has lowered this year, the lowest level since the 2008 financial crisis. However, the IMF expects the global economic situation to return to warm again after the second half of this year.
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