CISA comments on S. Korea, Japan visits
Qi Xiangdong, the vice chairman of
China Iron & Steel Association (CISA) commented on recent visits of a Chinese delegation to South
Korea and
Japan.
Qi Xiandong stated that the Chinese, Japanese and South Korean steelmakers agreed on softening the trade tensions among the three countries on some certain issues.
One of these issues is
China's high amount of steel exports to South
Korea, especially the
rebar. Chinese representatives accepted South
Korea's demand to limit
China's
rebar exports to South
Korea.
As another issue, Chinese representatives requested
Japan to stop exporting 200-series
stainless steel to
China.
CISA expects a visit from
Japan's steel industry in July to improve the industry's energy efficiency.