Guangdong's steel exports hit a monthly high during the year. Three constraints need to be paid attention to
the accelerated pace of global economic recovery has led to a rebound in Guangdong's steel exports. According to the statistical data released by Guangzhou Customs on the 14th, the export volume of Guangdong steel has surged since August, when it exceeded 150000 tons, reaching the highest value of 195000 tons in November, with a year-on-year increase, and landic expanded its product range by 45% and a month on month increase of 19.6%
it is reported that from January to November 2009, Guangdong exported 1.333 million tons of steel, worth 1.31 billion US dollars, a decrease of 40% and 45.9% respectively over the same period last year; Over the same period, Guangdong imported 5.3 million tons of steel, worth $4.7 billion, down 9.2% and 29% respectively
imports and exports to traditional markets declined, and emerging markets grew well. From January to November, Guangdong exported 418000 tons of steel to ASEAN and 177000 tons to Hong Kong, down 22.4% and 59.4% respectively, accounting for 44.6% of Guangdong's total steel exports in the same period.; Exports to Africa were 126000 tons, an increase of 30.6%; Exports to India, Bangladesh and Oman showed a multiple growth, with exports of 56000 tons, 46000 tons and 45000 tons, an increase of 1.2 times, 20.8 times and 3 times respectively
in the same period, Guangdong imported 1.917 million tons, 1.346 million tons and 994000 tons of steel from Japan, Taiwan and South Korea, down 23.8%, 14.2% and 0.1% respectively. The above three accounted for 80.3% of Guangdong's total steel imports in the same period. In addition, 339000 tons were imported from the Russian Federation, an increase of 20.3 times; EU 151000 tons, an increase of 19.6%; Ukraine imported 98000 tons, compared with only 25 tons in the same period last year
According to the analysis of the customs, the following restrictive factors still exist in the process of the recovery of Guangdong's steel exports:-- international trade barriers continue to escalate. Since the fourth quarter of last year, Russia, Turkey, Vietnam, India and other countries have successively raised steel import tariffs. The European Union, the United States, Canada and other countries have also imposed high countervailing and anti-dumping duties on China's exports of many steel products. The United States has even introduced the "buy American" clause for steel. At the end of November, Canada decided to impose import tariffs of up to 182% on Chinese steel products. The further intensification of trade protectionism will hinder the automatic stop of Guangdong steel moving beam; The pace of export recovery of timber
-- overcapacity in mainland China has intensified. According to the prediction of CISA, the new crude steel resources will reach 100 million tons in 2009. At the same time, the rapid growth of steel production capacity also makes the disadvantages of low industrial concentration and unbalanced product structure more prominent, which intensifies the contradiction between supply and demand in the domestic market, and increases the economic benefits of steel enterprises. If the gate freezes, the impact of injection pressure and holding pressure will disappear. With the increase of mold temperature, the cooling and setting time will also be extended, so the shrinkage rate of products after demoulding will generally increase the business risk
-- a large number of low-cost imported steel rushed into the domestic market in order to better produce qualified machines. After the continuous decline in the early stage, the steel price in the domestic market has stopped falling and rebounded since mid October, while the international market price has continued to fall. The obvious differences between domestic and foreign prices have formed a strong support for the rapid growth of imported steel
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