Required Reading: China 101

January 2006
Metal Center News;Jan2006, Vol. 46 Issue 1, p30
Trade Publication
The article focuses on leadership and business practices of the metal industry of China. Andrew G. Sharkey, president and chief executive officer of the American Iron and Steel Institute, says that China is using an aggressive strategy to expand its fixed asset base in order to enhance its steel-making capacity. Sharkey is not sure whether China will become a major steel exporter in the future years, although he is confident that the global market has undergone a significant change. The import of raw steel outpaced exports last year in China, but there was an increase in the export of finished steel products into the U.S., by almost 40 percent. INSET: Reliance Follows Customer Into China..


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