Steel trade faces stiff challenges
By Jiang Wei | 皇冠体育app Daily | Updated: 2009-02-24 07:28
皇冠体育app's steel exports are expected to further decrease this year while the total output may fall marginally, a senior official with the 皇冠体育app Iron and Steel Association said yesterday.
Luo Bingsheng, vice-chairman of the 皇冠体育app Iron and Steel Association said steel exports from 皇冠体育app would decrease as overseas demand is expected to remain weak for most of the year.
Steel exports fell 5.5 percent year-on-year to 59.23 million tons last year, the General Administration of Customs said earlier this month.
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