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News
SINO EAST STEEL is famous in the world for so many years. We will provide the high quality and most competitive prive for our customer all the time. In the first seven months, China's total steel exports reached 4,907 tons, an increase of 37%. Among them, the July steel exports 8.06 million tons, increased 990,000 tons from last month , an increase of 56.5%, which is the second time this year to break eight million tons of export volume; May, steel exports reached 8.07 million tons in a single month, more than 2008 in August a record high 7.68 million tons; June steel exports 7.07 million tons, an increase of 33.65%.
Industry experts believe that the countries leading the global economic recovery, leading to strong global steel demand, is substantial growth this year, China's steel exports are mainly pulling power. Overall, a good start in the second half of the global economy and the gradual strengthening of economic activity, will help to improve China's steel exports demand environment. Under its influence, this year's export volume is expected to more than 80 million tons of steel, if coupled with larger indirect exports, all steel exports are expected to reach 100 million tons.
However, China Iron and Steel Association also reminded that this year China's steel exports continue to speed, not unrelated to the low prices of exports. In the first seven months, China's steel export prices fell 9 percent, steel exports fall in price increments, can easily result in international trade friction. Statistics show that in 2013 China's steel product trade friction encountered a total of 25 cases; This year, the United States, European Union, ASEAN and other countries and then another of China's steel products launched dual investigations. June 26, the EU steel companies on the Chinese mainland and Taiwan started an anti-dumping investigation; July 1, the Commerce Department announced that carbon and alloy steel wire rod of the existence of subsidy behavior and impose margin; August, the EU decided to levy anti-dumping investigation on China and other countries oriented silicon electrical steel, originating from Mexico, China also decided to steel and zinc alloy handle initiated anti-dumping investigations.