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Domestic and international economic situation in 2011 is quite complex, the supply demand and price trend are also fairly fickle. According to the statistics data, influenced by many factors, the steel export such as stainless steel strip of the first half year is kind of weak; with fierce competition the future situation is not optimistic. From exporting areas, our main exporting countries like Korea, India, Vietnam and Thailand were also largely decreased. Our export amount to India was less than Vietnam in April, fell from 2nd biggest export country to 3rd.
Couples of factors affect steel export
1. Enormous raw steel output leads drastic competition. 2. Largely falling of international market weakened our competitiveness. 3. Gradually weakening oversea demand. 4. Global incertitude factors, domestic key steel plant cut the price down, 3rd season international mineral agreement bring adverse effect to exportation.
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