China license would not cut excess steel exports: lobbyReuters, TOKYOChina’s planned export-license requirement would not be effective in curbing steel export volumes or support a recovery in prices, Japan Iron and Steel Federation chairman Tadashi Imai said yesterday. China, the world’s largest steel producer, on Dec. 12 announced plans to roll out a license system from next year to regulate exports of the metal, as robust shipments have fueled a growing protectionist backlash worldwide. The Chinese Ministry of Commerce on Thursday last week said the proposed export license requirement for 300 steel products would allow closer monitoring of steel exports. A worker drives a forklift past steel rolls that arrived from China at Port of Valparaiso, Chile, on July 10. Ballooning exports by Chinese steelmakers have become an international concern, with Japan among countries criticizing Chinese firms for receiving government subsidies that encourage overproduction and low-priced exports, worsening global market conditions.

Source: Taipei Times December 25, 2025 16:50 UTC