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Last year, China's steel exports exceeded 100 million tons, repeatedly facing significant resistance from the "double reverse" policy
Plastic Hardware Network News: According to statistics from the General Administration of Customs on January 13th, China exported 10.66 million tons of steel in December 2015, an increase of 1.05 million tons from the previous month; In 2015, China exported a total of 110 million tons of steel, a year-on-year increase of 19.9%. Based on this, China's annual steel exports have exceeded the 100 million ton mark, setting a new historical high.
14
2016
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01
At least 200 million tons of excess crude steel production capacity
Plastic Hardware Network News: The press conference for the 8th China (Guangzhou) International Integrated Housing Industry Expo and Asia Pacific Building Technology Forum was held in Guangzhou yesterday. Experts at the conference estimated that there is currently at least 200 million tons of overcapacity in crude steel production in mainland China. Compared with traditional construction methods, steel structure buildings are energy-saving and environmentally friendly throughout their entire life cycle. Developing steel structure buildings is becoming a new approach to resolving overcapacity in steel production.
16
2020
Last year, steel prices dropped by 30%, and in 2016, steel prices are likely to remain low
Plastic Hardware Network News: In 2015, China's steel exports increased significantly to 112.4 million tons, setting a new historical record. However, steel prices have not risen synchronously, and domestic steel prices have generally decreased by 30%, with a deeper decline compared to the previous year.
Chongqing increases efforts to promote major projects and supports galvanized sheet projects
Plastic Hardware Network News: On January 12th, it was revealed at the Chongqing Industrial and Information Technology Work Conference that in 2016, Chongqing will continue to increase the promotion of major projects, accelerate the development of emerging industries, and strive to achieve an annual output value of 280 billion yuan.
Steel billet prices continue to decline for 20 days, and the Myspic steel index has slightly fallen
Plastic Hardware Network News: On January 20th, the domestic steel index (Myspic) composite index was 74.49 points, down 0.03% from the previous trading day. The MyIpic composite index of iron ore prices was at 51.4 points, unchanged from the previous trading day. The commodity futures market, which has risen sharply for two consecutive days, experienced a narrow correction today.
The field of plastic processing machinery will usher in an excellent opportunity for a turnaround
Plastic Hardware Network News: According to statistics, the current global production and sales volume of plastic processing machinery is 19.6 billion euros, and the production and sales volume of plastic processing machinery in China is 20 billion yuan. If Qu Jinping's new technology products achieve a 10% market share in China, they can create an output value of over 2.2 billion yuan.
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