Steel Export of China Faced More Pressure from Protectionism

  • Friday, September 6, 2013
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  • Keywords:steel
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[Ferro-alloys.com]As international economic recovery slowed in 2013, international trade protectionism was more severe. European Union, the United States, Australia, Canada and mangy other countries had launched anti-dumping and anti-subsidy investigation on imported steel products from China. Some countries of ASEAN (the Association of Southeast Asian Nations) took strongly opposing attitude toward Chinese steel products. As trade friction against China increased, it would be more difficult for China to export steel.
 
Anti-dumping and anti-subsidy cases happened much in steel area in international trade system. Steel industry was the base of industrial development. It would face the problem of overcapacity as industry of developed countries grew to maturity, then anti-dumping would be normal. According to practical situation of China, more cases of anti-dumping and anti-subsidy would come out in the next few years.
 
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