CISA Calls for Industry Collaboration to Resist Price Wars and Promote Sustainable Development

Published: Jun 10, 2025 16:25

Save

[CISA: Safeguard the Overall Interests of the Industry Chain and Jointly Resist "Cut-throat Competition"] In May, some automakers once again significantly reduced the prices of NEV products, spreading panic over a new round of "price wars" throughout the automotive industry. There are no winners in a "price war," and there is certainly no future. We propose: The steel and automotive industries should forge a consensus, strengthen their internal capabilities, enhance self-discipline, and jointly break free from "cut-throat competition." They should leverage technological innovation to drive the healthy and sustainable development of the industry chain and take practical actions to maintain a fair and orderly market order. Only in this way can the automotive and steel industry chains achieve "high-quality supply assurance and mutually beneficial outcomes with efficiency," thereby truly realizing high-quality development, embodying the spirit of "Made in China," and contributing China's strength and wisdom to the healthy development of the global economy!

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

5 hours ago

MMi Daily Iron Ore Report (March 24)

Dalian iron ore futures strengthened during the morning session before paring gains in the afternoon. The most-traded I2605 contract settled at 824 RMB per tonne, representing a 0.55% increase from the prior trading day.

5 hours ago

Steel Exports See Modest Gains, High Freight Rates and CIF Prices Dampen Market Acceptance

SMM Flash: Overall, steel export quotations saw relatively small increases today, with most order shipment schedules concentrated in May and June. Recently, as international crude oil prices continued to rise, ocean freight rates increased sharply, and most traders' CIF quotations were too high to secure deals. Meanwhile, according to an SMM survey, taking the Vietnamese market as an example, the CIF prices of supplies from India, Russia, and other sources also rose significantly, and their advantage over local supplies was no longer prominent, resulting in low market acceptance.

5 hours ago

[SMM Hot-Rolled Arrivals] Shipments to South China Market Dropped Significantly WoW

SMM Steel, February 24 – According to SMM statistics, the estimated total shipments to mainstream markets this week reached 302,700 mt, up 50.90% WoW. By market:

5 hours ago