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China's steel appetite hurting U.S. industry.(Insider Report)(Brief Article)
In a June 27, 2003 commentary, The Economist magazine of England noted: "China's steel producers are developing so fast that the country is likely soon to overtake Japan as the world's largest importer of iron ore, a crucial ingredient in the production of steel. Before long, China could turn itself from being a big importer into a net exporter of steel. In recent years, the country's steel-makers have invested heavily in new factories and in modernising existing ones. That investment is beginning to pay off. A decade ago, Asia as a whole accounted for about a third of the world's production and consumption of steel. Today, the figure is closer to half on both counts, with China alone accounting for a quarter of the world's output and demand."
China is expected to consume 300 million tons ...
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- News wire article from: Australasian Business Intelligence Wyatt, Stephen March 20, 2005 700+ words
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- China Steel Industry Analysis (2006).
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...announced the addition of "Analyzing China's Steel Industry" to their offering...pronounced growth during the 1990s. China's steel industry has been the fastest...industry, bringing you - Analyzing China's Steel Industry. The report is a complete...
- China Steel Exports Surge due to Domestic Overcapacity.
- Press release article from: M2 Presswire November 7, 2006 700+ words
...PRESSWIRE-7 November 2006-RNCOS: China Steel Exports Surge due to Domestic Overcapacity...production and excess capacity of the China steel industry. However, in spite of...products to meet the demands of China Steel Regional Markets. Though the overproduction...