China Steel Export Volume Reduce In the First Quarter Of 2017

According to the statistics of data of China customs,in the first quarter of 2017 the volume of steel export is about 20.73 million tons (fell 25% year on year),the value is about CNY 91.34 billion (rise 18.4% year on year),the export average price is about CNY 4406.4/per ton (rise 57.9% year on year).

Firstly,the steel consumption in domestic market is better than expected,the market prospects are extremely good.In the meanwhile,the sale profit of stock still keep high.In January and February,the investment in infrastructure construction increase about 27.3%.That result in the expection of steel market demand exceed output heat up.Certainly,the rising price of major steel products also stimulated the enthusiasm of steel mills to put more resources to domestic market.

Opposite,steel export declined significantly.Now we are face highly competitive from external market.Many countries placed punitive tariffs to China steel exportation.On 6^th Apr,the European Union have slapped new anti-dumping tariffs on hot-rolled flat steel products imported from China.Ranges from 18.1% to 35.9%,period for 5 years.Here’s no doubt that would restrict China steel export.

In additional, establishment of Xiongan new area would form a strong support to steel demand,in the short term the news can be a lead role on steel’s price.Accompanied by the policy of decreasing overcapacity and environmental protection,it’s benefit of steel and iron ore industries.

On the basis of calculate by citibank,if wanna to copy a new Shenzhen within next 10 years,it would need about 120-140 million tons iron steel.In the current domestic steel demand is about 700 millions tons per year,that means the total demand would increasing by 2% each year.

Changzhou Dingang Metal Mateial Co.,Ltd

Which has been in the line for many years and is known as one of the leading exporters of metal materials in China since 2002.

We are specializing in the production and sale of various specifications of the color coated aluminum plates. After years of rapid development, the company has 6 the most advanced preliminary roller coating production lines, and tension levelling, cleaning, coating, embossing, cross-cutting, slitting, wave cutting, etc. The annual processing capacity of us is more than 100,000 tons.

With advanced production technology, high-quality product quality, complete supporting Equipment, adequate substrate aluminum plate inventory, and the fastest and professional services, we are the first choice for our partner, our products sold at domestic and foreign customers.

In our trade with merchants of various countries,we always adhere to the principle of equality and mutual benefit.It is our hope to promote,by joint efforts,both trade and friendship to our mutual advantage.

Looking forward to receiving your enquiry soon.