China Sees Exports of Steel Sheets Up over 200% In First Half

Resource from: CBCC Likes:2918

Sep 21,2007

China Sees Exports of Steel Sheets Up over 200% In First Half China's output of steel sheets reached 3.5 million tons in the first half of the year, an increase of 54% from a year ago, according to statistics from China Iron and Steel Association (CISA). Exports of steel sheets totaled 956,500 tons, up 54% year on year. Imports totaled 833,800 tons, up 224.44% year on year. The above figures reveal that the self-sufficiency rate of steel sheets for China has reached 70% or above, representing a turn from heavy dependence on on imports.

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