Iron and steel, which was originally at a higher price, coupled with 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 raise the price of steel, it even makes it difficult for the industry to buy steel. The steel industry has been able to make a good profit, and it is time to cancel the tariff. AnnWilson, head of government affairs at MEMA, said that a steel farce that was fought by Americans was staged in front of the world. On October 10th, the US International Trade Commission (ITC) presented thin-walled rectangular steel pipes to China. The preliminary ruling on substantive damage, this is the third time that the Americans made an attack on China’s steel in a short period of one month. Before that, the United States successively exported steel nails and welded steel pipes to China. The anti-dumping and anti-subsidy case was ruled. However, on the one hand, the US steel companies demanded that the US government severely punish my US steel products. On the other hand, the United States has been arguing over steel tariffs. Recently, the US parts suppliers On behalf of the Association of Automobile and Equipment Manufacturers (MEMA urged the US government to revoke tariffs on imported steel, saying that tariffs have already brought a sustained “repression†to the US auto industry. “The steel that was originally at a higher price plus the tariffs imposed It will inevitably damage the parts industry, and the industry is already in the midst of bankruptcy and huge losses. Tariffs not only raise the price of steel, it even makes it difficult for the industry to buy steel. The steel industry has been able to make a good profit, and it is time to cancel the tariff.†AnnWilson, head of MMA's government affairs, said The US auto industry has already faced many challenges. Unfortunately, steel tariffs have made the situation worse. He revealed that US auto parts suppliers are joining the ranks of automakers and are calling for the abolition of steel tariffs. The auto parts industry is the largest component of the US manufacturing industry, with seven of the states attracting the most jobs. Analysts believe that the US auto and equipment manufacturers' association has fully exposed the US steel companies. The conspiracy reveals the US government's deliberate intention to manufacture the export friction of Chinese steel products. Wilson made it clear that the US steel products are at high prices, the steel industry has already had good profits, and it is time to cancel the tariffs. Zhang Jinang, deputy secretary-general of China Steel Association, also refuted The profitability of the US steel industry is very good, and the Chinese government has not subsidized the steel industry. There is no substantial harm to China’s steel products to the United States. In fact, the current export tax rebate system in China is not a subsidy but a restriction. Steel exports, so the US government's ruling is unfounded. He said that the US government should face up to the normal competition in the international steel industry market. Relevant statistics show that in September, China's crude steel output was 41.25 million tons, an increase of 14.5%, pig iron production. The growth of production was 39.67 million tons, an increase of 13.2%. In this regard, Luo Baihui, secretary general of the International Association of Mould & Hardware Plastics Industry Suppliers, said that from now on, China's steel production continued to maintain steady growth in July. If steel production maintains steady growth This year, China's steel output will hit a new high, which undoubtedly increased the export pressure of steel products. Although the Chinese government has adopted a series of measures to restrict the excessive growth of steel products exports, the relevant departments may increase restrictions. However, as the degree of global economic integration is deepening, the prices of international steel products are significantly higher than domestic ones. In the first half of the year, the export of China's steel products should not fall too much.
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