China’s Steel Industry Executive Summary in March 2014

China is the largest steel manufacturer in the world and it is still in fast growing, not only in Steel products’ output, but also in steel products’ range and quality. Chinese low-end steel products, billets and hot-rolled coils for example, are not favorable as before for foreign importers. Instead, Chinese steel industry is becoming a higher value-added supply base. You will find that China’s steel industry is becoming a whole new entity. 

U.S. Imports of All Steel Mill Products from China

According to SIMA (Steel Import Monitoring and Analysis) ‘s report. The United States imports of steel mill products from Chinese steel suppliers greatly over the past few years.

1) From 2013.12 to 2014.1 U.S. imports Steel mill products from China increased 33.6%, 173.7 thousand metric tons in total.

2) The data of imports from China in 2014.1 are 13.5% above the volume in 2013.1 and 20.5% above the 2013 average.

3) 2014.1 imports from China represent 6% of all U.S. steel mill imports, above the 5.7% share in 2013.12 but below the 6.4% share in 2013.1.

Here is a graph from SIMA, US Department of Commerce for your reference

Chinese Import and Export of Steel Mill Products

Based on the latest data from the NAFTA countries, the imports from China’s Steel suppliers into NAFTA countries decreased 9.5% , 225.7 thousand metric tons in total.

Steel imports into NAFTA countries from the world (excluding intra-NAFTA trade) decreased by 1.8% to 2.3 million metric tons from November to December 2013. Imports from China represented 6% of all NAFTA countries’ steel imports in December 2013, well below the 6.7% and 6.6% shares in November 2013 and December 2012, respectively.

Chinese steel mill imports and exports increased between December 2013 and January 2014, with China’s steel trade surplus widening by 32.3% to 5.2 million metric tons.

According to the Graph below we can know that:

1) From December 2013 to January 2014, Chinese exports increased 26.7% to 6.5 million metric tons, a record high export volume that has not been reached since September 2008.

2) January 2014 steel mill exports were 38.6% above January 2013 exports and

122.6% above exports in January 2011.

3) Chinese imports in January 2014 increased 9.1% from December 2013 imports to 1.4 million metric tons. China’s steel imports in January 2014 were up 20.1% from imports a year ago, and down 20% compared to January 2011.

As a professional One stop Steel products supplier since 2002, we, Sunspeed Imp & Exp co.,ltd, will always be here waiting for providing you our best solutions.

What we can offer you including : Galvanized Steel, Galvalume Steel, Prepainted Steel, Hot Rolled Steel, Cold Rolled Steel, Angle Iron, Galvanized Angle Iron, Flat Bar,Steel Channel. Click here to contact us and get what you want.

Getting Most Comprehensive Steel Information

The steel industry has hundreds of years history all over the world, following the quick development of high-tech, steel have divided into all kinds of styles to satisfy different demands for almost industry. Whatever China Steel or other countries steel suppliers, having formed a relatively mature industry chain. The below we will provide you some popular steel information to help you learn the latest steel products.

Firstly, I recommend you to know angle iron better. Commonly, angle iron is known as on both sides perpendicular to each other into a corner of the bar of steel. And it is divided into equal angles and unequal angles. According to the different structure needs, angle iron can compose of a variety of different force components, and also can be used for connections between the components. Certainly, angle iron is widely used in different building structures and engineering structures such as beams, bridges, transmission towers, hoisting and conveying machinery, ships, industrial furnace, reaction tower, container frame and warehouse shelves, etc. In addition, angle iron belongs to a simple section of carbon structural steel, which is mainly used for metal components and framework of the plant.

Secondly, there is a kind of vastly using steel----steel channel, which is a cross-section of the groove-shaped strip of steel. According to different categories, steel channel is divided into different styles, for example, via the different shape, it can be divided into four kinds: Cold equilateral channel, ranging from cold-formed side channel cold-formed Lipped Channels, cold-formed outer edge channel. And the applying of steel channel is widely, generally, it mainly used for building structure, vehicle manufacturers and other industrial structure, specially, steel channel can be used in conjunction with h beam.

Thirdly, Prepainted Steel is a special steel, which is made from cold rolled steel and galvanized steel with surface chemical treatment after coating or composite organic film, then bake curing. Therefore, prepainted steel not only owns the performance of steel material high mechanical strength and easy to shape, it also has good decorative coating materials and corrosion resistance. And it respected as today’s world new materials and get more and more wide using. Usually, prepainted steel is used in building, appliances, electrical and mechanical transport, indoor decoration, office furniture and other industries.

Finally, ERW Pipe just is Electric Resistance Welding, which is different from ordinary pipe welding process, and erw pipe is is made ​​by the parent material of the strip body melting, mechanical strength than the average pipe. Usually, ERW said resistance welding, resistance welding has high production efficiency, low cost, material saving, easy automation features, it is widely used in various industrial sectors of the aviation, aerospace, energy, electronics, automotive, light is important welding processa. And ERW Pipe is also used to transport oil, natural gas, to meet the high and low voltage requirements of the conveying pipe in the world sector accounts for a pivotal position.

Via the above some related steel product instruction, we can know that steel industry plays so important role in whole industry development. Although, now steel prices have great difference from before, the quality of steel is getting better, and all sorts of special steel products can satisfy more range demands.