For the last 40 years, china has been at work destroying manufacturing foreign nations (which is a big part of why they are the world's worst polluter of all times).
They are somewhat copying Japan's and S. Korea's approach to their build-ups. Basically, high tariffs, heavy subsidies, then once up to par or better then others, heavy exports after dropping subsidies. The difference is that when China gets to the last part, they continue to subsidize, and the government makes heavy use of controlling the companies exports, manufacturing capabilities, etc. which are then dumped so as to destroy foreign, esp. western, industries.
Steel is just one of many.
What is needed is for nations to say enough is enough and to raise strong tariffs or even block ALL imported items from China that are being dumped. For example, nations really should block ALL metals that China is trying to import directly or indirectly. Likewise, I was surprised that Biden was stupid enough to relax the PV imports from Chinese companies that simply moved to Viet Nam and other Asian nations on moderate terms with China. All of that needs to be 100% blocked.
Likewise, the batteries need a growing tariff, and to block them from manufacturing in the west, if not other nations esp with their dirty/corrupt supplies ( most of the child labor issues and low pay comes from Chinese-owned mines; this is why China and Russia are pushing coups in Africa ).