Part 7/8:
Restructuring the Global Landscape
The global pushback against Chinese steel is not simply an economic phenomenon but one rooted deeply in geopolitics. China's traditional foothold in the steel market is rapidly eroding, as nations like India and South Korea seize the opportunity to reclaim market shares lost over the years.
Over the next decade, the industry is likely to witness a significant recalibration in trade rules and market dynamics. The prioritization of national security over economic factors could alter how global supply chains are organized, pushing countries to favor alliances over cost-effective trade routes.