China’s Ministry of Commerce announced on Friday that it will introduce a licensing system for steel exports starting in 2026, covering around 300 steel products.
The ministry did not specify the reasons for the restrictions, but the move is widely seen as a response to criticism from Europe over cheap Chinese steel and the country’s persistent excess production capacity.
Under the new system, certain steel products will require export licences from January 1.
China’s steel exports rose 6.7% from January to November compared with the previous year, surpassing 107 million tonnes, despite high tariffs imposed by the United States.
European officials have long criticised Chinese steel for being priced well below that of competitors, partly due to government subsidies, arguing it undermines the EU’s steel industry.
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A U.S.-backed initiative is quietly transforming the South Caucasus, linking Azerbaijan to its exclave of Nakhchivan through a high-security transit c...
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Turkish President Recep Tayyip Erdoğan said he would have a phone call with U.S. President Donald Trump on Monday to discuss peace efforts between Ukraine and Russia as well as issues surrounding Gaza.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 2nd of January, covering the latest developments you need to know.
Democrat Zohran Mamdani officially took office as New York City’s mayor on Thursday, beginning his term with a public swearing-in ceremony on the steps of City Hall.
Russia and Ukraine have accused each other of targeting civilians during New Year attacks, as intensified fighting coincided with U.S.-led efforts to push both sides towards ending the nearly four-year war.
Dozens of people are feared dead and around 100 others injured after an explosion tore through a crowded bar during New Year’s Eve celebrations at the Swiss ski resort of Crans-Montana, authorities said.
At least 47 people were killed and 112 injured after a fire broke out at a crowded bar in the Swiss ski resort town of Crans-Montana during New Year’s Eve celebrations, Italian Foreign Minister Antonio Tajani told Italian media on Thursday.
India has approved a major arms deal with Israel valued at approximately $8.7 billion, highlighting the deepening defence partnership between the two countries.
India and Pakistan on Thursday exchanged lists of nuclear facilities as well as civilian prisoners, under long-standing bilateral agreements, according to official statements from both countries.
Chelsea Football Club have parted ways with manager Enzo Maresca, after the London side have won just one of their last seven English Premier League games.
Turkish President Recep Tayyip Erdoğan said he would have a phone call with U.S. President Donald Trump on Monday to discuss peace efforts between Ukraine and Russia as well as issues surrounding Gaza.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 2nd of January, covering the latest developments you need to know.
Venezuela’s government has released 88 more people detained after protests following last year’s presidential election, the second mass release in two weeks, as pressure mounts from the United States on President Nicolás Maduro.
France’s postal and banking services were disrupted on Thursday morning after a cyberattack temporarily rendered their websites and mobile applications largely inaccessible, French radio RFI reported.
India and Pakistan on Thursday exchanged lists of nuclear facilities as well as civilian prisoners, under long-standing bilateral agreements, according to official statements from both countries.
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