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China Steel’s Price is at New Low Leading to Export at New High
| According to the data from international steel association, from Jan to Dec in 2014, the output for crude in the world is about 1.5 billion tons, which increased by 1.8%, at the same time, the output from China is 0.75 billion tons, increased by 1.9%, which stand half of the world output. China is worth of the name of world power of steel and the steel exporting is kept high speed increasing while weak demand from domestic. Data shows China exported more than 60 million tons’ steel in 2013, increased by 11.84%, in 2014, this data hiked to 84 million tons, increased by 46.78%, which is the new high point. It seems good that new high point with steel export to soft the pressure of low demand in domestic, but low price means low profit, which can not meet the equivalent benefit request for steel enterprise, government and the environment. TJC Iron& Steel(Group) Co.,Ltd |
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