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: China's Steel Industry to Show the Trend of Growth in International Market Share - News|Nanjing Rayee International Co., Ltd.  •  С: 20887

China's Steel Industry to Show the Trend of Growth in International Market Share

 
      2009 China's crude steel output reached 568 million tons, ranking first in the world. Chinese Academy of Social Sciences in Beijing, released 22 'Industry Blue Book: China's Industrial Competitiveness Report (2010),' it said.

      Blue Book said in 2009, China's crude steel output reached 568 million tons, is the top five in Japan, Russia, the United States and India, production of crude steel and 2.2 times, and further established the power of China is the world's iron and steel position. From the international market share, China's steel industry shows the international market share growth momentum into 2004, particularly since the growth is more evident in 2008 reached a new high 12.09%.

    Same time, the Blue Book also points out that from the crude steel production and international market share, China is the world's steel big country, but trade competitiveness index, revealed comparative index and quality competitiveness index of view, China is not steel power, the competitiveness of China's iron and steel industry remains to be further enhanced. An outstanding performance is as strong steel production in Japan, Germany and other high value-added steel products exported mainly steel, while China, Russia, Ukraine steel exports mainly low value-added of ordinary steel, but these steel production and technology is not difficult and competitive.

    Finally, the blue paper pointed out that with China's steel companies, 'Revamp', emphasis on technological progress, reducing cost and increasing the promotion and product upgrades, with cost advantages, the Chinese iron and steel products in the international trade market is still to take place. China's iron and steel industry in 2010 still increased competitiveness channel.