According to Reuter newest on May 15 report, personage of Indian know the inside story expresses, india worries about global condition change to be able to make Asian big country pounds industry of Indian iron and steel. India regards the world as country of the 2nd big steely production, did not arrive 3 years to turn steely only import into the country, because this country lacks the capacity that produces high quality rolled steel, and global client prediction of a person's luck in a given year, change China to cheap and fine export steel products.
In fact, india this idea is to want probably much, chinese iron and steel had had better use probably. According to Bao Gang group company introduces, regard China as famous steel look forward to, the nation that Bao Gang exported one year in the past and area already amounted to 63, among them Chinese abroad project plans a nation 46, 90.1% what export steel products of the steel that hold a bag to speak a volume, grew 78.94% compared to the same period. Business centre of gravity plans country of along the line to draw close to Chinese abroad project, already got Chinese steely enterprise is approbated consistently.
It is reported, shandong steely group adopts plan of Chinese abroad project, accumulative total of total volume of trade exceeds 20 billion yuan related its iron and steel. is 2019 only first quarter, china and the foreign trade imports and exports that abroad project plans nation of along the line are as high as 2 trillion yuan, grow 7.8% compared to the same period. With respect to Lian Gang iron saves Heibei greatly, economy grows 7.4% compared to the same period first quarter, the corresponding period raised increasing ratio last year 1.4 percent.
The infrastructure project that in China abroad project plans is perpetual after open, in the demand performance that look forward to reflects iron and steel generally is driving. According to world iron and steel the report of association shows, demand of global iron and steel will achieve 1.735 billion tons 2019, grow 1.3% compared to the same period; 2020, demand of global iron and steel will increase 1.0% , achieve 1.752 billion tons. This will be helpful for steely exit of China.
compared with India be anxious, chinese iron and steel or will more contented China abroad project plan the requirement of country of along the line. End at present till, the project that China implements in abroad project plan has exceeded 1800, chinese iron and steel whether the demand of completely contented and abroad project or an unknown. So, india can need not worry.
