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Chinese steel invaded Europe
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According to data from General Administration of Customs announced, only the first 3 months of 2016, imports of steel products in Vietnam reached 4.7 million tons, up 64.5% yoy volume last year, that, of the total imports from China reached 2.9 million tons, up 70.5% compared to this time last year mean that this 2015.Dieu, just in the first quarter, Vietnam has imported from China imported steel production 1/5 2015 (in various countries).
The first quarter, while the festival lasts think, so the housing projects, construction works started or implemented at the beginning of this year cham.Vay steel output has increased sharply, so the next time, inevitable to import steel production continues to rise. "Vietnam is a country with the greatest risk of becoming consumer markets for Chinese cheap steel" VSA fears
A lot of other countries around the world are headache by cheap Chinese steel. Most recently, Tata Steel Group, the world's 6th largest country (India) because it could not compete with China are intending to withdraw from the market, the UK has expressed concern of oversupply and steel industry proposed reducing export volume to this country.
In early 2016, Tata has reformed factories operating in Port Talbot (Wales) left more than 1,000 workers out into the street If Tata left the UK, the British unemployment will amount to several thousand people, the position of the sector steel industrial England will also be seriously affected.
In Germany, on 11/4, nearly 45,000 German workers took to the streets protesting to demand the authorities to take all measures to prevent sources of cheap Chinese steel being poured into the country jam jam. The fate of the 3.5 million people working in industry and services related to the steel industry in Germany is under serious threat.
China also spread to the whole EU when the European Commission President said the EU is investigating the dumping in the European market by Chinese manufacturers, and will make the sanctions in case of need appliance. In early February, the European Commission has opened an investigation 3 analog and 2 taxed for steel products imported from China.
Even at yourself in the water, to narrow export sources also easy k. Currently, the ability of China's steel production has reached more than 1 billion tons, domestic demand for the surplus, thus, increase the amount of export is mandatory. Last year, China exported 110 million tons of steel, stainless steel, 10 times higher than the country's steel production is expected Anh.Theo, export their steel production will continue to rise this year.
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18/8/2025
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