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Nearly half the world's steel exports from China

National Bureau of Statistics data released in early show, China's crude steel production in 2014 reached 822.7 million tons, a record high, representing a slight increase of 0.9%. In the global share rose from 49.7% last year dropped 49.5 percent. The first four months of this year, China's net exports of steel 31.01 million tons of crude steel equivalent, an increase of 42.5%.

Why? The reason they made a joint public statement in the World Steel Association (WorldSteelAssociation) released this week is: half the world's steel is produced in China, but China's serious excess capacity. China not only does not cut, but to increase production - or in the global economy and demand are slowing the market downturn. China to the international market instability. Many opponents on the international market for China this behavior is not satisfied, we want to take some measures.

Bloomberg News reported that the statement also specifically stressed: all countries are suffering from a "dramatic increase in unfair imports." China's crude steel exports in April - more than any other country.

He said the statement is true. The downturn in steel prices, domestic demand is not satisfactory, the Chinese steel mills will supply surplus products to overseas large-scale exports. The Chinese government is busy implementing state-owned steel enterprises merger integration, in an attempt to reform the industry. In foreign steelmakers opinion, this is the Chinese government continues to maintain its domestic industry an unfair government support, which will make the surplus longer.