BERLIN, Oct 8 (Reuters) The head of Arcelor Mittal, the world's largest steel group, said on Monday he was concerned about rising steel exports from China.
''That will always be a concern and we need to monitor the developments with the surge in exports,'' president and CEO Lakshmi Mittal said on the sidelines of the IISI gobal steel conference in Berlin.
The IISI said on Monday it expected China's net 2007 steel exports to reach 50 to 55 million tonnes [ID:nL08485678]. The European steel industry association EUROFER could decide to file a fair trade complaint against China with the European Commission by the end of this month, claiming Chinese sales are being made at dumping prices [ID:nL07634441].
Asked if he would support possible European Union anti-dumping measures against Chinese steel imports, he said: ''I cannot make a comment, the EU is looking into this matter.'' ''For the steel industry, Chinese still exports will always be of concern. Everyone is seeing the amount of growth in exports from China.'' ''Chinese imports have been reduced and our sales to China have also been reduced drastically.'' REUTERS DKS HS1728