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Chinese steel industry pushes back against domestic auto-price wars

By MLex Staff ( June 11, 2025, 05:41 GMT | Insight) -- China's steel industry is fighting back against aggressive price wars by domestic automakers that have squeezed upstream suppliers, prompting BYD and other automakers to pledge improved payment terms. Meanwhile, a Geely executive has reignited a two-year-old emissions controversy involving BYD, highlighting escalating industry tensions beyond pricing disputes.China's steel industry is fighting back against cutthroat competition among automakers, as aggressive price wars in the auto sector spill over to squeeze upstream suppliers....

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