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Feb 24th, 2020
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  1. Yes, there are various evidences are present which are suggesting that the China is dumping excess steel production on world's market.
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  3. Let us have a look at the evidences which are as follows.
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  5. 1- The China steelmakers were estimated to produce 300 million more tons of steels than the domestic consumption. And it causes the export of Steel into the world's market.
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  7. 2- The Chinese steelmakers were at loss so they started selling steel at very low price which affected world's steel producers.
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  9. 3- The China was also selling corrosion resistant steel at unfairly low price.
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  11. All these evidence are suggesting that China is dumping excess steel into the world's market.
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