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  • Shaanxi Tonghui Steel Co., Ltd.

  • E-mail: sxthsteel@sxth-group.com

  • Tel: +86-29-89636557

  • Add: 1st Building Of Jinqiao International, Xi'an, Shaanxi,China

  • China's Stainless Steel Exports Are Expected To Decrease By 2.35 Million Tons In 2019
    Dec 20, 2018

    In recent years, the growth rate of crude stainless steel production in China has shown a downward trend (22.6% in 2009-2013 and 6.4% in 2014-2018). However, there are still problems of excess stainless steel production capacity and low utilization rate of production capacity. With the new and planned production capacity coming into operation, the utilization rate of production capacity will continue to decrease in the future, and the problem of excess production capacity will be highlighted.

    Especially in terms of import and export, although the export volume of stainless steel in China has been basically stable in the past five years, due to trade frictions, the export volume of stainless steel began to decline significantly in the third quarter of this year. In the second quarter of 2018, it exported 1.14 million tons, and in the third quarter it exported 960,000 tons, with an estimated annual output of 3.9 million tons. In 2018, however, imports increased significantly, with an annual forecast of 1.95 million tons and a 29% decrease in net stainless steel exports in 2018.

    In 2019, China's stainless steel exports will be more difficult because of the anti-dumping policy and extrusion effect of Indonesian stainless steel exports. It is estimated that exports will decrease by about 1 million tons in 2019.

    Meanwhile, in 2019, the demand for stainless steel for export products is expected to drop by 1.35 million tons due to the impact of the US tax increase policy on the export of stainless steel downstream industries in China.

    Overall, China's direct and indirect exports of stainless steel are expected to decrease by 2.35 million tons in 2019.

    stainless steel pipe/coil/sheet/bar

    Please email to:sxthsteel@sxth-group.com to learn more.