China's auto industry keen on domestic steel

China’s auto industry keen on domestic steel

The Chairman of China Iron and Steel Association (CISA) indicates that more than 90% of the steel used in Chinese auto production is made in China. China reportedly imported 2.19 million tons of steel for automobile manufacturing in 2004, down 40.1% from 2003. China uses domestically-produced steel to make middle and low-grade cars and trucks.