Black May make seamless steel pipe plant in China to speed up "capacity, now have the price advantage of Chinese steel products, most notably in terms of cost and economies of scale, rather than in the area of subsidies, so us this is only one side, this reflects in Europe and the United States only to see someone else's fault, but it is not looking for his reasons. Now China is the new global manufacturing center, steel capacity in China, and costs are generally rising. Europe and the United States are not in fact just launched double reverse for China's steel products this year. Global economic growth has been weak, market demand is shrinking so much that of seamless tube production capacity in China has a very large scale and agglomeration effects, moreover, China's iron and steel industry total factor costs are low, but the US side stressed that China received support from local government, but it does not highlight our comprehensive cost is much lower than their. Judging from the data, has more than 800 million tons of steel production in China last year, another record high. But last year and economic growth in China's fixed asset investment growth continued downward, actual consumption of seamless steel tubes domestic demand has gone down slightly, mainly depends on export, customs statistics show that in 2015, China's steel exports grew nearly 20%. The first 4 months of this year, China's steel exports grew by 7.6% to 36.9 million tons. As the global economy slows, severe overcapacity in the global steel industry, and China's steel exports accounted for half of the world's total exports. Steel price slump resulting from Australia to the United Kingdom and the United States part of the industrial center of worldwide factories have closed. Was high subsidies in many countries have accused China of massive output of iron and steel iron and steel sector to the global market, at prices below production cost "dumping", depress international prices. Commerce Department issued two consecutive days that "strong dissatisfaction." Department of commerce trade remedy Investigations Bureau said the United States recently take trade remedy measures against steel seamless steel tubes, was an imprudent Act, this is an unprecedented 337 investigation against Chinese steel products, has obvious protectionist. And the United States than in other countries does not seem to be so big, but countries with sanctions against China's steel products, also makes some of China's seamless business ambition. Economy the Central wide financial review reported the sounds of domestic capacity, foreign anti-dumping-the most recent being life too easy for iron and steel enterprises. From late April until the end of May, including the EU, Chile and the United States, and Viet Nam, and Australia, and India, and Colombia, and Canada and Malaysia, countries, anti-dumping investigations against Chinese steel products or anti-dumping ruling.
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