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2014 China Steel Export Forecast

Home > 2014 China Steel Export Forecast

2014 China Steel Export Forecast

From: Qianzhan Business Information
Summary: This year, China steel exports has significant growth than over the same period last year. General Administration of Customs released the latest data show that in April , China's steel exports continued to increase to 7.54 million tons , representing a significant increase of 35.86% , the second highest on record . Analysts said , mainly due to Europe and other developed economies and countries in South America to pull , and the factors that affect the continued depreciation of the RMB exchange rate .

This year, China steel exports has significant growth than over the same period last year. General Administration of Customs released the latest data show that in April , China's steel exports continued to increase to 7.54 million tons , representing a significant increase of 35.86% , the second highest on record . Analysts said , mainly due to Europe and other developed economies and countries in South America to pull , and the factors that affect the continued depreciation of the RMB exchange rate .

"China Steel Structure Industry Production & Marketing Demand and Investment Strategy Planning Report, 2013-2017" data shows that in April 2014 China's steel exports 7.54 million tons, up 780,000 tons , an increase of up to 35.86%, the second highest on record , second only to August 2008 the export volume of 7.68 million tons.

China Steel Export

Now the first four months of China's total steel exports reached 25.87 million tons quantity , an increase of 29.5% .

First quarter, China 's steel exports to the EU seven countries 1.03 million tons , an increase of 38.5% ; 800,000 tons of steel exports to the U.S. , an increase of 61.8% ; steel exports to the six countries in South America 1.4 million tons , an increase of 76% ; to Japan steel exports 330,000 tons , an increase is as high as 111.5% . Accordingly , he believes that the rapid growth of China's steel exports up , mainly by the developed economies in Europe and America , and South American countries pull.