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Chinese steel finally won world markets

Китайская сталь окончательно завоевала мировые рынки
The growth in the production of steel and metal systems in China and the simultaneous drop in the production of metal products in European countries were the result of a systematic strategy, according to the British analytical agency MEPS.

Low prices for Chinese -made products and quite good quality of Chinese metal distribution are increasingly organizing consumers around the world. Only on the steel roll, for the period from January to September 2012, Chinese metallurgists managed to achieve almost 15% growth.

The situation is currently in favor of China. At a time when most European metallurgical companies turn off or suspend production, China increases the volume of steel and metal production. Despite the crisis situation of world markets, Chinese metallurgists predict an increase of at least 3% in 2013.

The difference in metal distribution prices in China and the USA today is on average 300 - 350 dollars, which is a significant argument for American metal traders when choosing a supplier. European power plants are trying to sell their products for $ 200 more than Chinese. Even taking into account serious logistics costs, a very significant savings in the price of the acquisition of Chinese metal production are obtained.

According to MEPS agencies analysts, the Chinese -made steel products today pose and will pose a serious threat to the steel industry around the world. In crisis times, the price of metal rolling will come first, and the quality indicators of Chinese metal products are already organizing consumers.


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