Ourway-Your Best Steel Product|Fabrication Service Supplier

Due to the data of steel mill production in 2014, China has been producing half of the worlds steel product, since the city construction period is slowing down, export seems to be one logical way to ease the pressure of over capacity.

According to statistics, in 2014 China's total production of steel product was 88.98 million tons, which is 4.59 million tons more than 2013, and an increase of 5.44 percent, still higher than the growth rate of steel (4.5%), the proportion of China's steel production was 7.9%. Pipe growth rate appeared to be lower than the national economic growth rate. Apparently steel consumption was 80.06 million tons, which is 4.26 million tons more than the same period of last year, and that was an increase of 5.62%. Apparent steel consumption increase in volume ratio was 0.18 percentage points higher than output growth, it indicated that the overall steel production and sales was in a steady state, means that China's domestic market has tended to enter demand platform period. Steel pipe exports amounted to 9.38 million tons, increased by 380,000 tons over the previous year, risen by 4.24%, accounting for about 10% of steel exports. In December 2014 pipe prices were down to 52 RMB/ton, it was a decline of 1.16%, which turned up by the fall in domestic prices, an increase of 0.29%; export prices continued to decline by 9.24%.
Ourway international could offer you more than just crude steel and unprocessed steel product, steel pipe processing, steel plate cutting, corrosion resistant processing, you can also offer your own draft and we’ll do it for you at a very reasonable price! Ourway is your best steel product and steel fabrication service supplier in China!