男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Industries

Iron and steel association rejects global blame for overcapacity

By Zhong Nan (China Daily) Updated: 2015-11-26 07:41

Iron and steel association rejects global blame for overcapacity

Workers load steel products at a logistics park in Yichang, Hubei province. [Photo/China Daily]

The China Iron and Steel Industry Association has rejected international industry claims that a global glut in supplies is the direct result of robust growth in Chinese steel exports.

Wang Liqun, the CISA's vice-chairman, said it strongly disagreed with a joint statement by nine foreign counterparts that claimed the Chinese steel industry "is the predominant global contributor" to the world's steel industry suffering "a crisis of overcapacity".

The rival associations-from countries including the United States, Canada and Brazil-released the statement earlier this month, expressing opposition to China's ongoing trade practices and claiming they had contravened World Trade Organization rules.

In a statement on Wednesday, Wang said China's steel industry has become a victim of trade protectionism.

He said the international industry's collective behavior amounted to unnecessary steel industry conflict, and that the statement was actually beyond the normal remits of such associations, regardless of the fact the sector had entered what must be considered one of the most competitive periods in its history.

"To simply attribute the difficulties in one country or region to Chinese enterprises is irresponsible," said Wang.

"It does not solve the difficulties facing the industry and does little to promote the healthy development of the global steel market."

He said the nine associations also published what he described as a perfunctory statement without any prior communication with China.

The CISA's stance, he said, was that while overcapacity remains a common issue globally, solutions require concerted efforts by all parties working together.

Over the past decade, the Chinese government and the country's steel enterprises have attempted various measures to resolve its own industry overcapacity.

Obsolete facilities have been shut down, which at the same time has helped tackle ongoing environmental protection issues.

Industry figures showed that 77.8 million metric tons of crude steel capacity have been cut nationally since 2011, with more expected.

China exported 93.87 million tons of steel last year, a 46 percent rise, and the CISA has predicted the figure will exceed 110 million tons this year.

But based on market demand, the Chinese steel mills cut output by 2.23 percent on a year-on-year basis from January to October, which represented a reduction of more than 15 million tons.

CISA's Secretary-General Liu Zhenjiang accepted that rising Chinese steel exports this year have affected certain markets, but said output adjustments had been made.

"It cannot be denied the country's increased exports have driven market forces," said Liu.

"But Chinese steel products have continued to be popular in export destinations because they are competitively priced."

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 东宁县| 北宁市| 南投市| 大英县| 哈密市| 三台县| 周至县| 蒙自县| 五家渠市| 岳普湖县| 广宗县| 宁蒗| 大兴区| 桓仁| 静乐县| 多伦县| 军事| 灵台县| 铜川市| 长岛县| 旅游| 儋州市| 喜德县| 丹江口市| 上虞市| 扎鲁特旗| 会泽县| 德安县| 辽宁省| 精河县| 修文县| 卓资县| 甘泉县| 尉氏县| 灵丘县| 大姚县| 门头沟区| 商河县| 治多县| 贡山| 尼玛县|