International Steel Mills
March 19, 2015
Chinese Steel Mills to Limit Future Steel Exports to USA?
Written by John Packard
Steel Market Update has learned that the U.S. government has sent a letter to the Chinese central government regarding the exports of steel out of the Chinese mills and the harmful impact those exports are having on the U.S. steel industry.
We are learning that the Chinese government has advised the Chinese steel mills of the concerns of the U.S. government (and steel mills) and we are hearing that the government is considering removing tax rebates on certain steel products in order to assist in limiting future exports.
