Chinese steel to swamp markets, warns US steel

摘要

Chinese products may swamp the global steel market if the country fails to rein in excess growth in its steel sector, US Steel said on Tuesday. "While forecasts point to continued economic growth and steel demand in China, the China factor could easily reverse just as unexpectedly and quickly as it did for the better," John Surma, chief executive of the third-largest steel maker in the United States, told the CRU World Steel Conference in Luxembourg.