Ma'anshan City's Steel Exports Contrary to Rapid Growth

Ma'anshan City's Steel Exports Contrary to Rapid Growth

According to statistics from Maanshan Customs, from January to October, Maanshan City exported 633,000 tons of steel products, an increase of 71.7% over the same period of last year; the total value reached 2.42 billion yuan, an increase of 62.1%, accounting for 38.3% of the city's total export value. Among them, steel in October Exports have doubled compared to the same period last year.

Since the beginning of this year, affected by the international environment, the situation in the export market has been relatively severe. With the global steel market picking up and the economy of developed countries gradually recovering, steel exports have increased significantly.

Among them, the total value of plate exports has increased by nearly 2.4 times, giving a strong boost to the depressed export market. In October, 91,000 tons of steel were exported, a year-on-year increase; the total value reached 330 million yuan, a year-on-year increase of 90%.

Steel exports have shown rapid growth, mainly due to price factors. Since the beginning of this year, the import prices of steel raw materials have been relatively low, making domestic steel products maintain a good price advantage. In recent years, the iron ore sands market has always been in a situation where supply exceeds demand. Although domestic small and medium-sized mining enterprises have stopped production and reduced production, the state-owned mines and mines affiliated to steel mills are still basically normal.

In the downturn of the iron ore sands market, international ore companies have entered the competition to “fight costs, fight output, and fight for market share.” The world’s largest iron ore producer Brazil’s Vale and the world’s second largest iron ore The company BHP Billiton Australia has achieved record high iron ore output in the third quarter of this year, which further exacerbated the oversupply of iron ore.

From January to October, the average import price of iron ore in Maanshan was 700 yuan per ton, down 16.5% from the same period of last year. At the same time, the demand for the international steel market increased, and domestic demand was insufficient. The steel enterprises generally increased their export intensity, which effectively relieved the overcapacity of domestic steel products, helped the healthy development of the domestic steel market, and further upgraded the domestic steel enterprises. Create a good market environment.

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