China unlikely to be global steel export hub, Eder says

Nov 20, 2013 | 10:06 AM |

Tags  steel exports, China exports, Wolfgang Eder, Voestalpine, World Steel Association

SHANGHAI — China’s weak cost position will keep it from becoming a hub for global steel exports, Voestalpine AG chief executive officer Wolfgang Eder said.

"On a global comparison, the cost competitiveness of China, like the competitiveness of European steelmakers, clearly is significantly weaker than our competitors from Russia, Brazil, Australia and South Africa because they have high-quality and cheap ores, coal and....

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