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September steel exports of 7.16 million tons

September steel exports of 7.16 million tons

September highs steel exports,net exports of steel products amounted to 7.16 million tons

According to Customs
Letters show that in September China's exports of steel 8.52 million tons, increased 760,000 tons from last month, a record high. Among them, the net exports of steel products amounted to 7.16 million tons, the absolute export volume reached 8.52 million tons.

It is worth noting that China's steel export prices have not improved and along with sales up, but there have been cases increase in volume and a drop in price. The industry believes that, by the impact of weak domestic demand, exports become one of the important channels to resolve overcapacity. However, long-term low prices to win market is not conducive to the upgrading of steel products, steel anti-dumping cases and the recent frequent greater impact, focus on improving the value of the products has become imperative steel prices.