CONF: RCEP’s pros and cons to China’s stainless steel
Dec 04, 2020 11:30
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The Regional Comprehensive Economic Partnership (RCEP) among 15 Asia-Pacific nations including China, or the largest-scale free trade agreement, will bring along both opportunities and challenges to China’s stainless steel industry, delegates shared on December 3 when attending the 2021 Mysteel Ni-Cr-Stainless Steel-New Energy Annual Conference in Wuxi city, East China’s Jiangsu province.
“(RCEP) will impact both China’s domestic stainless steel industry and its foreign trade in the sector,” Liao Zhiyan, market & sales director of Guangdong Strong Metal Technology Co. said at the conference, appearing rather optimistic.
“RCEP members such as Japan, Korea and China, the trade tariffs (of stainless and related products