Arcelor Mittal concerned on Chinese steel exports
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
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