2014 China Steel Export Forecast
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.
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.