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  • China’s steel export volume will exceed 100 million tons in 2024, setting a new eight-year record
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    China’s steel export volume will exceed 100 million tons in 2024, setting a new eight-year record
    Content summary: In 2024, China's steel export volume reached 110.716 million tons, a year-on-year increase of 22.7%, setting a new record in eight years. This growth is due to the rebound in global economy and trade volume, as well as the price advantage and export competitiveness of China's steel products.
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  • China’s steel export price advantage helps expand overseas markets
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    China’s steel export price advantage helps expand overseas markets
    Content summary: China's steel export quotations have obvious advantages over other countries. For example, the export quotations of hot-rolled coils from India, Türkiye, and the CIS are all higher than those from China. This price advantage provides strong support for the expansion of Chinese steel products in overseas markets.
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  • RMB depreciation enhances China’s steel export competitiveness
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    RMB depreciation enhances China’s steel export competitiveness
    Content summary: The continued depreciation of the RMB exchange rate against the US dollar has made the price of Chinese steel products more competitive in the international market. This trend will help further increase China's steel exports and bring more overseas orders to Chinese steel companies.
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  • China’s steel exports face challenges from intensifying trade frictions
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    China’s steel exports face challenges from intensifying trade frictions
    Content summary: As China's steel exports continue to grow, the trade frictions it encounters are also increasing.
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  • China’s steel export structure continues to optimize, and the proportion of high-end products increases
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    China’s steel export structure continues to optimize, and the proportion of high-end products increases
    Content summary: In recent years, China's steel export structure has been continuously optimized, and the proportion of high-end products has gradually increased. The rapid development of new energy vehicles, high-end equipment and other industries has provided new growth points for China's steel exports. This trend will help enhance the brand image and competitiveness of Chinese steel products in the international market.
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  • China’s steel export tax rebate policy provides strong support for foreign trade exports
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    China’s steel export tax rebate policy provides strong support for foreign trade exports
    Content summary: According to the relevant provisions of the "Interim Regulations of the People's Republic of China on Value-Added Tax", Chinese steel export companies can enjoy tax refund policies. This policy provides tax incentives and support for steel export companies, helping to reduce corporate costs and enhance export competitiveness. At the same time, it also provides a strong guarantee for the international trade development of China's steel industry.
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