"Already in the higher price of
steel plus the tariffs will inevitably damage parts industry, and the industry is already in bankruptcy, the plight of huge losses among Tariffs not only increase the price of steel, making it even Whether the industry can buy steel is a problem. The steel industry has been able to make a good profit, and it is time to cancel the tariff," said Ann Wilson, head of MMA's government affairs. A few days ago, a steel farce that was fought by Americans was staged in front of the world. On October 10, the US International Trade Commission (ITC) made a preliminary ruling on the substantial damage to China's thin-walled rectangular steel pipes exported to the United States. This is the third time that the Americans made their country in a short period of one month. Attacks by steel. Prior to this, the United States successively ruled on anti-dumping and anti-subsidy cases for steel nails and welded
steel pipes exported to the United States. However, on the one hand, the US steel companies require the US government to severely punish my exports to the United States. On the other hand, the United States has been arguing over steel tariffs. Recently, the United States parts suppliers represented the Association of Automobiles and Equipment Manufacturers (MEMA urged the US government to lift tariffs on imported steel, saying that tariffs have brought continuous “repression†to the US auto industry. “The price is already at a higher price. Steel and the imposed tariffs will inevitably damage the parts industry, and the industry is already in the midst of bankruptcy and huge losses. Tariffs not only increase the price of steel, it even makes the industry a problem to buy steel. the steel industry has been able to very good earnings, and also the elimination of tariffs is the time. "MEMA person in charge in charge of government affairs AnnWilson
indicated that the US auto industry has faced many challenges, unfortunately, it makes the situation worse steel tariffs He revealed that the US auto parts suppliers are joining the ranks of automakers and are calling for the abolition of steel tariffs. According to MEMA, the auto parts industry is the largest component of US manufacturing, including 7 It is the industry that absorbs the most employment. Analysts believe that the US steam And the equipment manufacturer's association fully exposed the conspiracy of US steel companies, revealing the US government's deliberate manufacturing of Chinese steel products' export friction. Wilson made it clear that the US steel products are in high prices, the steel industry has a good Profitability is also the time to cancel the tariffs. At the same time, Zhang Jinang, deputy secretary-general of China Steel Association, also refuted that the US steel industry is very profitable, and the Chinese government has not subsidized the steel industry. There is no steel in China. The product has caused substantial harm to the United States. In fact, the export tax rebate system currently implemented in China is not a subsidy but a restriction on steel exports. Therefore, the US government’s ruling is unfounded. He said that the US government should face up to the normal international steel market. Competition. According to statistics, in September, China's crude steel output was 41.25 million tons, up 14.5% year-on-year, and
pig iron production increased by 39.67 million tons, up 13.2%. In this regard, Luo Baihui, secretary general of the International Association of Mould & Hardware Plastics Industry Suppliers Said that from the current point of view, China's steel production continued to remain stable in July. The pace of growth. If steel production maintains steady growth, China's steel output will hit a new high this year, which undoubtedly increased the export pressure of steel products. Although the Chinese government has taken a series of measures to limit the excessive growth of steel products exports, Relevant departments may also increase restrictions, but as the degree of global economic integration is deepening, the price of international steel products is significantly higher than domestic, so the export of China's steel products should not fall too much in the second half of the year.
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