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pic_main.jpg The beginning of the second millennium was marked by impetuous growth of economy and by explosion of the branches of heavy industry in the Asian countries. According to the International Institute of Steel and Iron, the part of the Asian region is as high as 56.1% of the whole World steel production. Asia has become the most noticeable player. Korea, India, China and Japan have taken over the leadership in the steel product manufacture and consumption. Only in several years, the region has gone from the major importer to one of the biggest exporters of steel, and this tendency has bee not only maintained but is developing in a stable way.

Up to now, the part of steel deliveries from China to the world market has been increasingly grown, which is due to several factors, such as:
  • The state policy aimed to further development of the industry and to support Chinese businessmen
  • The flexibility of the production part of the industry: the ability to timely feel the market trends and to suit the market
  • The judicious pricing policy
USD/EUR 0.7697 +0.0024
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CNY/EUR 0.1136 +0.0004
CNY/USD 0.1475 +0.0000
CNY/RUB 4.4625 +0.0078