John Surma

The kind of global economic stress we are experiencing is bound to create tensions within the world trading system. Understandably, every company is working to improve its own position. But in countries and regions that are unconstrained by the due process requirements of the U. S. justice system, we have seen signs of trade actions that seriously undermine the global steel market. Nowhere are these destabilizing actions more apparent than in China.

The kind of global economic stress we are experiencing is bound to create tensions within the world trading system. Understandably, every company is working to improve its own position. But in countries and regions that are unconstrained by the due process requirements of the U. S. justice system, we have seen signs of trade actions that seriously undermine the global steel market. Nowhere are these destabilizing actions more apparent than in China.