-—Do the Chinese make better steel?-—
Implicit in that statement is the assumption that steel is steel. In fact, there is steel and then there is steel. The difference is in the specification used by the maker that results in different properties of the end products. The difference is in the quality control of the manufacturing. The difference is the testing by the buyer to assure the specifications are met.
An American company does not just go on the street and hold up sign saying I want some steel. The company uses a process of purchasing that assures the desired quality is produced to what is an industry standard backed up by material test reports
The problem with Chinese steel is not making but rather buying.
-Do the Chinese make better steel?-
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I’ve mentioned it before but I have experience with Chinese made nails that shatter when hit with a hammer... Steel manufacturers in China have no concept of quality control... I wouldn’t trust any grading system where they grade their own product.