Title :
Analysis of influences from exchange rate to pricing of China steel industry
Author_Institution :
Texas A&M Int. Univ., Laredo, TX, USA
Abstract :
With the implementation of open policy in China, the international trade of steel industry is highly increased between China and the global market. The exchange rate is playing a more important role in the pricing of Chinese steel industry. We aim to find out the influence of exchange rate to the pricing of China steel product. There could be different influences of exchange rates between U.S. and Chinese Yuan, Euros and Chinese Yuan, and Japanese and Chinese Yuan to the pricing of Chinese steel industry. And the exchange rates could also influence the pricing of steel products in the global market. With the findings from the research, the policies for the future export of China steel industry could be developed and the implications could also be helpful to producers, exporters and government policy makers with in the future decisions.
Keywords :
exchange rates; globalisation; government policies; international trade; pricing; steel industry; China steel industry; China steel product; exchange rate; export; global market; government policy; international trade; open policy; pricing; Biological system modeling; Steel; Chinese Yuan; Euros; Japanese Yen; U.S. dollars; exchange rate; global price; local price; steel products;
Conference_Titel :
System Science and Engineering (ICSSE), 2010 International Conference on
Conference_Location :
Taipei
Print_ISBN :
978-1-4244-6472-2
DOI :
10.1109/ICSSE.2010.5551825