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Qi Xiangdong Quotes

«There is no space for steel prices to drop further.»
Author: Qi Xiangdong
«It's too early to say that China's steel industry is going to suffer overall economic losses.»
Author: Qi Xiangdong
«Market inspection is allowed by all countries. It doesn't violate the WTO.»
Author: Qi Xiangdong
«The futures would be risky at this time as the domestic economic and judicial environment is not mature.»
Author: Qi Xiangdong
«Unlike other contracts, steel products vary greatly in category, quality and origin. No other country except India operates such contracts, and we don't know whether it works well.»
Author: Qi Xiangdong
«That's nonsense. The association never sets prices - the big mills do based on costs and supply and demand. It's already market oriented.»
Author: Qi Xiangdong