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The changing of China's steel industry

The changing of China's steel industry
Issue Time:2016-12-02
Although the annual demand for steel were not effectively released, but this year's steel exports has become a new bright spot. Wang Qing introduce that, in 2014, driven by a comprehensive recovery in the global economy and the strong demand for foreign steel, China's steel exports to maintain a good momentum, a substantial increase in exports, exports of a single month record highs. According to statistics, from January to October 2014, China's total steel exports are 73.89 million tons, a substantial increase of 42.2% year on year, steel exports are expected to more than 85 million tons. A substantial increase in exports to some extent alleviated the dilemma of domestic demand is not busy.