USA challenges Chinese export policy

摘要

US TRADE OFFICIALS are close to filing a case against China to the World Trade Organisation (WTO), challenging export restrictions on raw materials used in steelmaking, such as silicon carbide, bauxite, and fluorspar, as well as coking coal and molybdenum. China is the leading producer in refractory minerals (including magnesite, bauxite and fused alumina), and the USA is expected to argue that export taxes and quotas unfairly drive down Chinese domestic prices while increasing global prices for such materials.