EU to seek restrictions on Chinese imports of stainless steel

One of the world's largest music Security tournament Mittal said that with China's stainless steel exports continue to increase, European manufacturers may take action to prevent its below-market prices to export to Europe. Baosteel last month have pointed out that the Chinese stainless steel production and exports may lead to rapid growth from the United States and the EU's anti-dumping. On game music Mittal and Baosteel president today in Japan will attend the International Stainless Steel Forum.
Security tournament Lok Mittal, vice president of stainless steel, the subject imports from China increased, European stainless steel prices since the beginning of this year have dropped 35%, manufacturers are seeking ways to address them. In 2006, China has surpassed Japan to become the world's largest stainless steel producer, its production capacity far exceeds the increase in domestic demand, China's stainless steel this year is expected to increase 50% yield possible. According to another by higher inventory and customers of a new cargo, the company Fenlanaotuo Kumpu two stainless steel output will be 10% quarterly.