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China, U.S. Plan to Hold Bilateral Steel Meeting
01/21/2016 - U.S. and China officials, along with representatives from their respective steel industries, have tentatively agreed to meet for a bilateral steel-sector discussion later this year, American Iron and Steel Institute President and CEO Thomas Gibson said.
Speaking during a media briefing on 20 January, Gibson said it would be the first time in at least eight years that the two countries have met in a bilateral setting to discuss their steel industries.
He said the industry intends to make clear the problems China’s excess capacity is causing American steelmakers.
“Hopefully we’re going to hear what the Chinese plans are for restructuring and reducing their excess capacity.”
Gibson said credit for the meeting is due to U.S. Commerce Secretary Penny Pritzker and U.S. Trade Representative Mike Froman, who had promised to address the overcapacity problem during annual bilateral trade meetings between the U.S. and China.
“They kept their pledge,” he said.
The meeting is to be held in Washington, D.C.
He said the industry intends to make clear the problems China’s excess capacity is causing American steelmakers.
“Hopefully we’re going to hear what the Chinese plans are for restructuring and reducing their excess capacity.”
Gibson said credit for the meeting is due to U.S. Commerce Secretary Penny Pritzker and U.S. Trade Representative Mike Froman, who had promised to address the overcapacity problem during annual bilateral trade meetings between the U.S. and China.
“They kept their pledge,” he said.
The meeting is to be held in Washington, D.C.
