Global Times reported that China will oppose any unfair and unreasonable trade measures by countries such as the US against its steel companies, arguing protectionism will poison the industry. The Chinese Commerce Ministry on Tuesday voiced concerns over the US potentially severe protectionist measures against Chinese steel products, urging the US to show restraint with any trade restriction measures.

China Metallurgical Industry Planning and Research Institute said in an email to Reuters “Certainly we will protest against unfair and unreasonable measures launched by some countries such as the US toward Chinese steel companies. We will also study and discuss the counter-measures to try to seek a fair position for Chinese companies without any violation of WTO agreements."

The institute, which provides consultancy services to Chinese government policymakers and steel enterprises, was responding to recent efforts by US steel firms urging President Donald Trump to curb surging imports they say are undermining the US industry.

Trump is considering action on both steel and aluminum under the rarely used "Section 232" of a 1962 US trade law, which allows for restrictions to protect national security.