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Chinese Steel Products Will Still Dominate In Global Market
- Dec 07, 2017 -

"The global steel industry will remain dominated by Asia as industry 4.0 advances and the implementation of structural reforms in the supply side of China's steel industry" Mr.Bassong said. "With the implementation of the Indian version of' the Belt and Road',the Indian steel industry will grow, the Chinese steel industry will step into a steady growth phase, and the African steel industry has great potential for development. With the development of these new emerging markets, the share of Chinese steel products in global is likely to fall from 50% now to 45%, but the dominance of Chinese steel in global markets will not be greatly affected. "Mr. bassong pointed out.