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2008 China Stainless Steel Pipe Export Situation is Grim

 
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Haven Frbiz

In 2008 the world economic situation is not optimistic

Entered after 2008, about the economic slowdown in the United States and the world heard the message. American economic downturn, as well as sub-loan crisis of the risk of proliferation, directly led to a significant world economic slowdown. According to the most pessimistic prediction of the World Bank data, the world economy in 2008 will fall to 3.3 percent growth rate for the 2003 slowest growth since the year, which led to China's export market demand austerity.

At the United States and the world economy is slowing down at the same time, the impact on China's economy also began to appear. QI have a two month before the macro data, industrial production, fixed asset investment, exports and other indicators are lower than the previous year's level. Under such circumstances, the domestic stainless steel production overcapacity problem surfaced.

On the one hand, the domestic steel pipe to the continuous expansion of production in the two high-country restrictions on the funding policy introduced one to highlight the crisis before, but strong export growth temporarily masked the impact of oversupply, in 2008, the export environment of austerity, will make this issue "surfaced" surface.

On the other hand, American economic downturn, as well as sub-loan crisis of the risk of proliferation, directly led to a significant world economic slowdown. Reduce demand on the international market, coupled with the countries place on the role of trade protection policies, and constantly on our Pipe Products反倾销起诉imposed, greatly reducing the steel pipe export opportunities.

January-February grim steel pipe exports

From the State Customs announced in 2008 January-February import and export of stainless steel tubes Product statistics that track the exception of> 406.4mm stainless steel seamless pipe, outside diameter.

United States International Trade Commission (ITC) recently found that there is enough evidence to show that, from Chinese stainless steel pressure pipe to obtain government subsidies and dumping in the U.S. market for domestic producers caused material injury or threat of damage there is.

According to ITC's preliminary resolution, the case will further advance. Ministry of Commerce will continue to investigate, and April 24 to make a preliminary countervailing duty resolution, July 8 to make a preliminary anti-dumping resolution.

The applicants in this case include Bristol Metal Company, Vercoe Brothers, Marcello Gallardo company, Outokumpu Stainless Steel Pipe Corporation and the Federation of American steel workers.

According to "Russian Business Daily" has reported that Russia is currently preparing the Russian exports to China Stainless Steel Pipe begin investigate special protection, as well as other measures taken to implement the quota restrictions on Chinese exports of stainless steel pipes to Russia.

Russian Pipeline Industry Development Foundation in October this year, the Department submitted to the Russian economic and trade on the Russian exports to China Stainless Steel Pipe quota applications. At the same time, the Industrial Development Foundation, the Russian pipeline also continued trying to suggest that Chinese auto manufacturers to take measures to restrict. But fruitless negotiations.

Russian Pipeline Industry Development Foundation, president of Alexandria • Deineko said, according to the Foundation's prediction this year, Chinese exports to Russia will reach a variety of pipe 280,000 tons, in 2004 are 804% export volumes. China's exports because of Russia's rapid growth of the number of tubes, thus leading to the Russian pipe production has declined, give Russian companies this year, losses could reach 360 million U.S. dollars.

At the same time, Chinese exports to Russia, the price of stainless steel tubes for 1300-1500 US dollars per tonne, while in China's domestic market prices for the 6000-7000 US dollars per ton. 95% of the Chinese stainless steel tube is of such low-priced exports.

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Haven Frbiz has a rich database comprising of manufacturers, traders, exporters, importers and products . Frbiz.com is the stainless steel Industry's most effective search engine that provides Industry professionals with global stainless steel and related hot news, trade shows , latest buying leads and latest products.

Article Tags: pipe [See Dictionary], stainless [See Dictionary], steel [See Dictionary]
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Article published on March 29, 2009 at Isnare.com
 
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