China steel export demand remain optimistic

Due to keep the overall recovery of world economy, especially the construction of infrastructure investment to start, the resulting demand, driven by China’s steel exports strong growth, even if some countries “anti-dumping” frequently, also can not change the situation. According to customs statistics, the first five months of this year the national export steel 43.52 million tons, up 28.2% from a year earlier. Is expected in the second half of the United States leads the world economic recovery situation does not change, China’s steel continue to lower cost price advantage, and the global infrastructure construction, China’s steel exports remain optimistic. According to the first half of export momentum, if you don’t appear big surprises in the second half, the number of China’s steel exports in 2015 is expected to more than 90 million tons, convert crude steel exports in more than 100 million tons. If will be the same size of indirect exports (mechanical and electrical, automotive products such as export) into account, the 2015 China for export all steel, reduced crude steel will reach 200 million tons, digestion and nearly a quarter of China’s crude steel production.

Looking to China’s steel exports in the future, by the future global infrastructure boom and the dual effects of the world steel capacity is concentrated in China, China’s crude steel export directly (steel conversion, similarly hereinafter) over one hundred million tons, all 200 million tons of crude steel export (including indirect exports) will become the norm, and do not rule out all export peak of 300 million tons of crude steel. Therefore need to save for a rainy day, China’s steel enterprises to go out, as much as possible in the iron and steel production outside the organization, to alleviate the domestic huge energy consumption and environmental pressure.