Refute seamless steel tube damage global excess capacity in China, analysts said, in fact China as a global offers plenty of cheap steel products, support the construction of infrastructure in many countries and regions.China's steel disrupt the international market is not the appropriate.In addition, China has always been adhering to the principle of do not encourage the export of steel products, but also controls and restrictions.In China has entered the market economy under the premise of Lou is the truth, "China already not s of planned economy, the government can't tough to companies, especially now seamless steel tube industry, more than 50% of all companies are private companies".But for Chinese steel overcapacity disrupt the global steel market, Mr Lou issued a clear rebuttal from two aspects.He responded that China's excess capacity is mainly in 2008 after the global financial crisis gradually accumulated, but between 2009 and 2011, China's economic growth contributed more than 50% of the global economic growth."Especially in the aspect of infrastructure investment are prominent, the natural also led to coal, steel, cement and other capacity growth."Mr Lou said.From the data point of view, China is indeed a global seamless tube production power.According to data from the world steel association, China now supplies 50% of the world's iron and steel, the yield is much greater than any single country.In the first quarter of this year, China's steel production is 10 times in the United States.China's steel have excess capacity is the fact that does not dispute.In the eighth round of china-us strategic and economic dialogue during the opening ceremony, Jacob Lew, said that China must develop a policy, sharply reduce the output of a series of industry affected by the excess production capacity, especially for steel and aluminum, it is critical to the operation of the international market and stable.The implication is that the United States again laid the blame on China for the plight of the current global steel market.Sino-us steel trade friction constantly, the state council premier li keqiang yesterday during the meeting with us secretary of state John kerry and Jacob Lew, the finance minister, said the overcapacity basic reason lies in the weakness of the world economic recovery, the international trade growth and market demand by the downturn, China dissolve excess capacity according to market laws.Before this Jacob Lew, seamless steel pipe in China about excess capacity, and the truth China seamless tube problem of excess "destruction and distort the global market.Chinese finance minister Lou combined with previous data and current production capacity to action, China is carrying out of a strong response to the claim.
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