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A delegation from the Ministry of Commerce's Department of Foreign Trade, led by Deputy Director-General Xiao Lu, attended an export seminar at the China Iron and Steel Association.

A delegation from the Ministry of Commerce's Department of Foreign Trade, led by Deputy Director-General Xiao Lu, attended an export seminar at the China Iron and Steel Association.

A seminar on the import and export trade of steel products was held at the China Iron and Steel Association. Xiao Lu, Deputy Director-General of the Department of Foreign Trade of the Ministry of Commerce, and her delegation attended the meeting and exchanged views with Luo Tiejun, Vice President of the association, on steel trade, companies' overseas market expansion, and policy suggestions for maintaining the healthy development of the steel trade.

2022-07-28

Steel Industry Observation: Sheet demand recovery leads the way; accumulation pressure of long materials is prominent

Steel Industry Observation: Sheet demand recovery leads the way; accumulation pressure of long materials is prominent

In the first week after the Spring Festival, the steel industry showed differentiated supply and demand characteristics. On the supply side, the overall output of the five major steel products increased slightly by 1.20% year-on-year, but the daily output of pig iron and the capacity utilization rate of blast furnaces remained stable; on the demand side, the consumption of flat steel increased significantly by 38.38% year-on-year, significantly better than that of construction long steel. At the same time, the accumulation rate of long steel inventories such as rebar exceeded expectations, coupled with external factors such as the US imposing additional tariffs on steel, the market remains divided on the strength of the subsequent demand recovery.

2022-01-10

Foreign trade gets off to a good start! The country is expected to achieve an annual export volume of US$40 million.

Foreign trade gets off to a good start! The country is expected to achieve an annual export volume of US$40 million.

Since the beginning of 2024, in less than two months, we have signed new orders totaling US\$7 million. Currently, nearly US\$6 million worth of goods are awaiting export. This year, we expect to sign contracts with BP (British Petroleum) for US\$15 million and with Lukoil (Russia) for US\$10 million.

2021-11-12

A delegation from the Ministry of Commerce's Department of Foreign Trade, led by Deputy Director-General Xiao Lu, attended an export seminar at the China Iron and Steel Association.

A delegation from the Ministry of Commerce's Department of Foreign Trade, led by Deputy Director-General Xiao Lu, attended an export seminar at the China Iron and Steel Association.

A seminar on the import and export trade of steel products was held at the China Iron and Steel Association. Xiao Lu, Deputy Director-General of the Department of Foreign Trade of the Ministry of Commerce, and her delegation attended the meeting and exchanged views with Luo Tiejun, Vice President of the association, on steel trade, companies' overseas market expansion, and policy suggestions for maintaining the healthy development of the steel trade.

2021-11-12

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