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China's Steel Exports Along The Belt And Road Vietnam Topped The List With Strong Resistance To Exports To India
Jan 06, 2018

In 2017, "Belt and Road" will enter an accelerated phase. The countries along the Belt and Road have huge room for cooperation in the areas of infrastructure construction and production capacity and are also releasing a large amount of steel demand. As an essential steel product for infrastructure construction, the export of China's iron and steel industry may enter the tuyere period.


This is undoubtedly a good news for the steel industry in China that has been shrinking for several months in a row. According to the survey data of the domestic steel products exported from March by the Shanghai Steel Union Export Research Team, the domestic steel exports in March 2017 continued to decline by more than 20% year on year, down more than 20%. Continued a sharp decline in steel exports in January and February trend.milling machining lathe parts cnc  Manufacturer


As we all know, countries along the Belt and Road are underfunded due to financial constraints. Infrastructure investment is under-spending and there is a general prevalence of backward infrastructure - indicators such as GDP per capita, per-capita road mileage and per-capita railway mileage are much lower than those in our country.


GUO Shuguang, chairman of Zhejiang Dunan New Energy Co., Ltd., once told First Financial to his personal experience of staying behind the airport due to outdated infrastructure in Islamabad, Pakistan. The infrastructure construction in many countries along the "Belt and a Road" has come to nothing The point.


The gap means an opportunity. It is estimated that at present, "Belt and Road" countries and regions along the Asian and African countries have 10% and 20% respectively of urbanization space for improvement. Wang Guoching, director of the Lange Steel Research Center, told CBN reporter: "There is huge room for cooperation along the country in the fields of infrastructure construction and production capacity, which are also releasing a large amount of steel demand, and our country has accumulated a great deal of experience in its own CNC machining service stainless steel parts Manufacturerurbanization process And capacity can be exported. "

Professor Liu Jianhui, vice president of East China Branch of China Iron and Steel Research Institute, told CBI reporter that China's steel industry is still one of the few industries that can pull the wrist with the world's leading level.


The comparative advantage in technology will force the export of Chinese steel products along the line and achieve a multi-dimensional win-win situation among the countries.


According to Chen Kexin, a researcher at Lange Steel Research Center, in light of the steel product export stamina, China newly acquired 162 billion foreign contracted contracts along the Belt and Road in 2016, mainly involving power engineering construction, housing construction, transportation construction, petrochemicals, telecommunications engineering Construction and other fields. The construction of these projects in 2017 will also drive the export of Chinese steel products, both directly and indirectly. It is estimated that in 2017 China's steel exports will still be in a large quantity and it is still possible to reach or close to 100 million tons.stainless steel CNC machining parts Manufacturer


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