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Girding for a Fight

Restraints on Chinese mineral exports hamper U.S. and EU steel manufacturing

When Minerals Technologies shops for magnesium oxide, it buys much of it from China. But because China restricts its exports of magnesium oxide, the company pays much more than Chinese manufacturers pay at home.

“If they got rid of those restraints, you’d have more open markets,” said Rick Honey, a spokesman for the New York-based manufacturer of refractory materials for steel mills.

That’s exactly what the U.S. and the European Union hope to do, and as soon as possible. U.S. Trade …