07
Mar
06:33
'Backward' capacity to blame for US profitability: China
China’s Ministry of Commerce (Mofcom) has responded to US anti-dumping (AD) and countervailing (CV) duties on two Chinese steel exports. It claims the low profit margins of US steelmakers are due to their “…backward” steel production capacity and have no correlation with Chinese steel exports. Data from Global Trade Tracker shows China's exports to the US of these products have decreased dramatically in the last two years,&nbs…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous