Focus on quality not dented by trade tensions
By Liu Zhihua in Beijing and Sun Ruisheng in Taiyuan | China Daily | Updated: 2018-09-01 07:23
Taiyuan Iron and Steel Group Co Ltd is improving its product quality and variety through supply-side reform and intensive innovation, to face up to rising pressure from China-United States trade tensions and global trade protectionism.
The steelmaker's share in its traditional markets remains high, and it is rapidly entering new markets, transitioning up toward the medium-to-high end of the value chain, according to the company.
Taiyuan Iron and Steel exports very few of its products to the US and so is not affected by the ongoing trade friction, said Wang Fasheng, director of the company's publicity department.
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