Steel exports subject to trade friction

China's steel industry had 12 trade friction cases in the first half of 2014 involving 2 million metric tons of products, which will affect the country's exports for the whole year, said experts on Friday.

China's steel product exports for the first half soared 33.6 percent year-on-year to about 41 million metric tons, while the export price fell sharply by $79 a ton to $793 a ton on average, according to the China Iron and Steel Association.

Zhang Changfu, vice-chairman of the association, said it is natural to face trade disputes in the international market and it is important for Chinese companies to strengthen self-regulation and increase communication with companies from other regions.