![<?echo $_SERVER['SERVER_NAME'];?>](/template/twentyseventeen/skin/images/header.jpg)
Steel producers all over the world claim that their opponents are dumping cheap products into the market, which will trigger a series of small-scale trade wars. The darkening of the world economy has led to overcapacity in the steel industry. Some high-level executives said that from the US state of Texas to Asia, Thailand is launching a beggar-thy-neighbor sales war, and the price of the product is lower than the cost. The United States implemented measures to prevent Russia from dumping hot rolled coils more than 10 years ago, and the US Department of Commerce is currently evaluating these measures. A major steel trader has stopped importing Russian-made coils because of fears of trading or obstruction by the US authorities. This distress is not exclusive to developed countries, and many emerging economies are also plagued by price falls and blame this on cheap imported products. Australia's largest steelmaker BluescopeSteel said it will file an anti-dumping lawsuit against hot-rolled steel coils imported from Japan, Taiwan, South Korea and Malaysia this week. Undeniably, falling prices and fierce competition are, at least for now, good for steel consumers, such as car and appliance manufacturers, and construction companies. However, if such frictions ignite a trade war, consumers may be implicated once retaliatory trade measures are taken by countries that believe they have been treated unfairly. China, the world's largest steel consumer and producer, has already taxed a special steel “oriented steel†in the United States. China filed a complaint with the World Trade Organization last month, accusing the United States of imposing a countervailing duty on Chinese products, involving 22 kinds of products such as solar panels.
Custom Tape Measure,Rubber Measuring Tape,Carpenter Tape Measure,Craftsman Tape Measure
HENAN SHIJI HUALIAN TOOLS AND MEASURE CO.,LTD , https://www.hnsjhl.com