Qi Xiangdong
Qi Xiangdong
based costs market mills prices sets supply
That's nonsense. The association never sets prices - the big mills do based on costs and supply and demand. It's already market oriented.
domestic economic environment judicial risky time
The futures would be risky at this time as the domestic economic and judicial environment is not mature.
allowed inspection market
Market inspection is allowed by all countries. It doesn't violate the WTO.
early economic industry overall steel suffer
It's too early to say that China's steel industry is going to suffer overall economic losses.
drop prices space steel
There is no space for steel prices to drop further.
country except greatly india products quality steel unlike vary whether works
Unlike other contracts, steel products vary greatly in category, quality and origin. No other country except India operates such contracts, and we don't know whether it works well.