久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

US EUROPE AFRICA ASIA 中文
Business / Industries

China, US, EU differ widely in tackling steel overcapacity

(Xinhua) Updated: 2016-04-21 11:19

BRUSSELS - According to statistics of the World Steel Association, world output of crude steel in 2015 was 1.62 billion tons, and average capacity utilization rate 69.7 percent, 3.7 percentage points lower than the 73.4 percent in 2014, which shows that the overcapacity of the world steel sector is increasing.

In view of the significant and growing capacity that exists in the global steel industry, governments of countries with big steel industries are taking immediate action to address the issue.

However, due to the divergence of views on the root of the crisis, endeavors from China, the United States and the European Union (EU) play out differently.

China taking concrete measures, stimulating demand

Addressing a high-level conference in Brussels, China's Assistant Minister at the Ministry of Commerce Zhang Ji said: "It is the slow recovery of the world economy that causes a sluggish demand for steel products, which further leads to the overcapacity issue in the steel sector."

Zhang added that any other analysis or judgment that deviates from this perception will lead to failing to find the proper solutions.

China's output of crude steel in 2015 was 804 million tons, and capacity utilization rate is 71.2 percent, higher than the world average level. China is hence making great efforts to cut excess capacity in the steel sector.

The Chinese government has ceased to license steel projects and started to close outdated plants and eradicate "zombie" companies.

China has so far cut over 90 million tons of obsolete capacity during the 12th Five-Year period. Fixed asset investment in the steel sector has kept declining in the past two years. Fixed asset investment in the ferrous metal smelt and extrusion industry in 2015 dropped by 11 percent year-on-year. Furthermore, market competition and environmental constraints have forced a number of steel mills to exit.

The State Council, China's cabinet, announced earlier this year that crude steel production capacity will be slashed by 100-150 million tons over the next five years. It is estimated that 500,000 laid-off workers will have to be resettled.

"To make sure that excess capacity will be eliminated in an orderly manner, the central government has allocated an earmarked fund of 100 billion yuan ($15.45 billion), which will be used to resettle workers," Zhang said.

"Not a penny of the money will be used for subsidies," he stressed.

Moreover, rather than dumping steel in other countries, the Chinese government has in recent years implemented measures such as export tariffs on some steel products to reduce exports.

"The export tariff for billet is 20 percent and for hot-rolled wire rod 15 percent," he said.

The Chinese government is also committed to vigorously expanding the demand for steel products, Zhang said.

On this front, China has taken a lot of measures such as embarking upon necessary large-scale infrastructure development projects.

"In the future, China will promote the use of steel structures in buildings and greatly increase the proportion of steel structures when rebuilding shanty areas and dilapidated houses and implementing anti-seismic housing projects," he said.

Currently, only 5.6 percent of Chinese buildings use steel structures. China plans to increase that proportion to over 20 percent, which would need an extra 20 million tons of steel products a year.

On the international level, China's Belt and Road Initiative with a vision to strengthen connectivity and infrastructure development of countries along the route will fuel demand for steel, and delivered win-win outcomes through social and economic development, Zhang said.

US, EU efforts: blaming China, using protectionist measures

Besides China, steel-producing countries and regions like the United States and the European Union have also been plagued by overcapacity to different degrees.

However, the EU and United States seem to be focusing their efforts on blaming China and frequently employing trade protectionist measures.

US Secretary of Commerce Penny Pritzker and US Trade Representative Michael Froman jointly issued a statement after the high-level steel meeting in Brussels, accusing China of preventing a global solution.

"Unless China starts to take timely and concrete actions to reduce its excess production and capacity in industries including steel, and works with others to ensure that future government actions do not once again contribute to excess capacity, the fundamental structural problems in the industry will remain and affected governments -- including the United States -- will have no alternatives other than trade action to avoid harm to their domestic industries and workers," their statement warned.

The world's second largest steel producer, the EU, echoed the United States on this perception. Ignoring that the competitive position of the European steel sector has deteriorated significantly in recent years, the EU attributes their difficulties on China and trading practices.

"Excess production of steel in third countries such as China has increased exports, depressed prices, and given rise to an unprecedented wave of, distorting the global level playing field," the EU Trade policy department said after the meeting.

Last month, an European Commission report set out how the European steel sector could overcome its serious challenges, largely due to global overcapacity.

The report, named "Steel: Preserving sustainable jobs and growth in Europe," contained new short-term measures to strengthen the EU's trade remedy measures to restrict steel imports.

The EU is already imposing a record number of trade remedy measures. The bloc has over 100 trade defense measures in place, 37 of them targeting imports of steel products, 16 of which are from China.

On Feb 12 this year, the EU opened three new anti-dumping investigations on steel products originating in China. On the same day, the EU imposed provisional anti-dumping duties on another steel product from China and Russia. Currently, there are ongoing investigations for 10 steel products, six of which concern China.

Chinese steel mainly for domestic use

In reality, Chinese steel products make up a tiny proportion of US and EU steel imports. As a major producer and consumer of steel, China's steel products are mainly for domestic use.

"In recent years, 85-95 percent of steel produced by China have been for domestic consumption. China's annual steel consumption accounts for 45 percent of the global total," Zhang said.

China used to be a net importer of steel before 2005 and is still the fifth-largest importer of steel in the world.

"China imported the equivalent of 13.57 million tons of crude steel in 2015," he said, adding that China has thus contributed to the stable development of the global steel industry.

Experts have said as steel excess capacity has become an acute global challenge, governments and steel-related organizations should take collective action to address the situation.

All steel-producing, consuming and trading economies and raw material supply economies should step up communication and policy coordination and join hands in the endeavor to tackle the challenge of steel overcapacity.

Hot Topics

Editor's Picks
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    亚洲精品第三页| 国产h视频在线播放| 欧美日韩亚洲一| 一级黄色片在线免费观看| 久在线观看视频| 精品一区二区成人免费视频| 300部国产真实乱| 日韩欧美精品在线观看视频| 影音先锋成人资源网站| 成人性生生活性生交12| 青青青青草视频| 亚洲自拍偷拍一区二区三区| 手机在线看福利| 大j8黑人w巨大888a片| 一二三在线视频| 福利片一区二区三区| 日韩有码免费视频| 青青草精品视频在线| 一区二区三区四区免费观看| 91女神在线观看| 激情综合网俺也去| 国产在线青青草| 欧美久久久久久久久久久久久| 中文字幕超清在线免费观看| 天堂av8在线| 免费看国产黄色片| 欧美国产日韩在线播放| 亚洲午夜无码av毛片久久| 国产精品www在线观看| 91成人在线视频观看| 一级做a爱视频| 中文字幕永久有效| 日本xxxx黄色| 99sesese| 欧美激情第3页| 一本色道久久亚洲综合精品蜜桃| av无码精品一区二区三区| 亚洲自偷自拍熟女另类| 男人天堂1024| 欧美精品99久久| 99爱视频在线| 欧美 日韩 国产一区| 日本网站免费在线观看| 国产极品尤物在线| 欧美一区二区中文字幕| 国产老熟妇精品观看| 91视频 -- 69xx| 欧美一级片中文字幕| 999在线免费视频| 五月婷婷之综合激情| 中文字幕在线综合| 一区二区久久精品| 日本三级福利片| 国产欧美123| www.av片| 国产精品wwwww| 波多结衣在线观看| 五月六月丁香婷婷| 日韩成人午夜影院| 97干在线视频| 37pao成人国产永久免费视频| 国产女女做受ⅹxx高潮| 奇米影音第四色| 亚洲制服在线观看| 成人午夜免费在线视频| 波多野结衣综合网| 日本免费观看网站| 四虎成人在线播放| 日本黄色片一级片| 凹凸国产熟女精品视频| 亚洲老女人av| 午夜在线视频免费观看| 国产黄色激情视频| av免费中文字幕| 最新av免费在线观看| 看欧美ab黄色大片视频免费| 香蕉视频禁止18| 成年人三级视频| 337p粉嫩大胆噜噜噜鲁| 九九热精品在线播放| 国产欧美自拍视频| 免费在线观看亚洲视频| www.日本一区| 丁香色欲久久久久久综合网| 欧美一级在线看| 超碰在线资源站| 国产精品裸体瑜伽视频| 污污动漫在线观看| 激情五月六月婷婷| 黄色国产小视频| 国产911在线观看| 成人午夜激情av| 免费cad大片在线观看| 日韩亚洲在线视频| 国产高清精品软男同| 黄色片视频在线免费观看| 国产一级免费大片| 国产白丝袜美女久久久久| 亚洲精品视频三区| 黄色一级片播放| 樱花草www在线| 麻豆av免费在线| 国产传媒久久久| 奇米影视四色在线| 久久这里只有精品23| 三区视频在线观看| 99热在线这里只有精品| 天堂av在线中文| 污污的网站18| 鲁一鲁一鲁一鲁一澡| 免费成人进口网站| 亚洲这里只有精品| 国产在线精品91| 8x8x华人在线| 高潮一区二区三区| av动漫免费看| 和岳每晚弄的高潮嗷嗷叫视频| 五月天开心婷婷| 欧美精品aaaa| heyzo国产| cao在线观看| 日本a级片在线观看| 国产福利在线免费| 日韩中文字幕组| 精品少妇一区二区三区在线| 一本二本三本亚洲码| 亚洲美女爱爱视频| 日本成人黄色网| 成人性免费视频| 日韩在线观看a| 自拍偷拍视频在线| 色呦色呦色精品| a在线观看免费视频| 波多野结衣家庭教师视频| 妞干网在线观看视频| 蜜桃视频成人在线观看| 久久久精品视频国产| 99sesese| 小明看看成人免费视频| 超碰在线97免费| 91淫黄看大片| 免费激情视频在线观看| 丝袜老师办公室里做好紧好爽| 丰满的少妇愉情hd高清果冻传媒 | 波多野结衣xxxx| 少妇人妻互换不带套| 男人揉女人奶房视频60分| 免费国产a级片| 精品久久一二三| 每日在线更新av| 天天夜碰日日摸日日澡性色av| 国产美女主播在线| 男人天堂a在线| 一本之道在线视频| 亚洲欧美一区二区三区不卡| 三区视频在线观看| 亚洲在线观看网站| 天堂v在线视频| 久久天天东北熟女毛茸茸| 91精品国产吴梦梦| 999一区二区三区| 尤物av无码色av无码| 国产又大又硬又粗| 大香煮伊手机一区| 亚洲综合欧美在线| 亚洲一区二区中文字幕在线观看| caoporm在线视频| 成年人三级视频| 97超碰国产精品| 国内性生活视频| 欧美精品成人网| 在线观看免费av网址| 日本女人高潮视频| 日韩成人手机在线| 亚洲欧洲日产国码无码久久99| www.日本xxxx| 日韩欧美中文视频| www.夜夜爱| 免费av网址在线| 在线看免费毛片| 国产又粗又长又爽视频| 日韩网站在线免费观看| 午夜视频在线瓜伦| 爱豆国产剧免费观看大全剧苏畅| 糖心vlog在线免费观看| 日韩中文字幕在线免费| 国产男女激情视频| 午夜福利123| 欧美视频免费看欧美视频| 日韩中文字幕免费在线| 国产精品久久久久久久99| 日韩精品在线观看av| 久久国产色av免费观看| 99九九精品视频| 欧美久久久久久久久久久久久| 国产福利影院在线观看| 国内自拍中文字幕| 天天摸天天碰天天添| 中文字幕亚洲影院| 国产综合中文字幕|