Chinese Steel Exporting Quantity Has a Rapid Rising in July, 2015

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Chinese Steel Exporting Quantity Has a Rapid Rising in July, 2015

Reported by China Custom Imp&Exp data, Steel’s exporting shipments has been increased by about 9.5% in July, 2015 comparing with same period in 2014, and the amount is about 9.7 million tons, which is higher than same period in 2014 by about 1.6 million tons, The total volume from Jan to Jul has been rose to 62.1 million tons, which is higher than the same period in 2014 by 27%.

Nowadays the price for steel from China is going to be the rock bottom level, which has improved the exporting quantity. Further, because of weak demand from domestic market, more and more mills are trying to find more ways to sell to abroad for lighting the stock pressure and finance pressure.

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