The global steel industry has bottomed out
From January to December, 2013, China exported tinplate (tinned iron, chrome iron) 973,769.65 tons, an increase of 21.90%. Exports rise, not only illustrates the foreign economy gradually improved, but also reflects tinplate demand growth in the domestic market declined, while manufacturers began importance of foreign markets to expand.
China tinplate export 2013
During 2013, China exported tinplate 827,716.65 tons, an increase of 19.85%, the average export price $ 978.53 / ton, down 5.29%; total exports of chrome iron 146,053.01 tons, an increase of 34.96%, the average export price 949.43 U.S. dollars / ton, down 3.62%. Than the average tinplate price of imports compared to exports of domestic tinplate price declines small, indicating that a domestic iron in the increasingly competitive world-wide rise.
In brief, the existence of multiple negative impact of the current development of domestic tinplate industry, but there are also such as “exports pick up,” the favorable factors, therefore remain cautiously optimistic.
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