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Minmetals Steel Association statement: China's exports of steel without prejudice to the European steel prices

Answers:1   |   LastAnswerAt:2011.06  

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Abe Douglas 
Asked at 2011.06.07 00:55:56
Minmetals Steel Association statement: China's exports of steel without prejudice to the European steel prices
answer Anne ChurchillChu  Answered at 2011.06.07 00:55:56
Minmetals Steel Association statement: China's exports of steel without prejudice to the European steel prices Yesterday, China's largest steel enterprises in the two organizations - China Minerals and Chemicals Importers and Exporters Association (hereinafter referred to Minmetals Chamber of Commerce) and the China Iron and Steel Industry Association (referred to in Steel Association) also issued a statement: China's steel exports to the EU does not damage the European steel industry, firmly opposed to the EU steel industry Union (EU steel joint) on allegations of dumping my iron and steel enterprises. It is reported that on October 29, the European Union for the Chinese steel and other countries, the European Commission submitted to the board for the two anti-dumping application, accusing China of steel prices by government subsidies. Yesterday, Minmetals China Steel Union Steel Union Chamber of Commerce, the practice of the EU expressed dissatisfaction with the European Union on China's steel industry steel by government subsidies and dumping allegations are unfounded, and it is not realistic situation. Statement said China's export market forces determine the EU, the EU's own production can not meet the needs of only imported Chinese steel companies did not cause damage to the EU steel industry, while safeguarding the interests of the EU downstream users. Chinese steel export growth, driven not spread, but the global demand and China's own competitive advantage caused. Since the reform and opening up, China's steel industry is in a fully market-oriented production and management under the conditions, lower productivity costs, management costs created a strong competitive ability, rather than state subsidies. Statement, this year China's exports to the EU and some varieties of steel prices much higher than in other countries the price of exports to the EU, and the export prices are rising. Chinese steel enterprises European Commission urged the healthy development of China-EU trade from the long-term interests to be considered not filing.
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