China’s steel demand to stay firm despite US trade war

  • Markets
  • Thursday, 20 Sep 2018

DALIAN: China’s steel demand will remain firm despite the country’s escalating trade war with the United States, and any efforts by Washington to ”sabotage” the Chinese economy will not succeed, the head of China’s steel association said.

“The U.S. wants Chinese demand to go down but the U.S. doesn’t have the ability to command the Chinese economy,” Liu Zhenjiang, president of the China Iron and Steel Association, told Reuters on the sidelines of an industry conference.