Steel Fighting
Himfr.com reports Wenzhou seamless steel tube meet with export risk
Within a month of time, the European Union, the United States and Argentina to our export of seamless steel tube, in succession to export base of seamless steel tube of wenzhou, zhejiang province was more than 70 enterprises. While Europe and America etc are not the main export market of wenzhou business, but the spread of protectionist sentiment will follow suit, and other wenzhou seamless steel exports.
This year, the October 6, the council of ministers issued announcement to say that China’s lost in the European seamless steel tube industry constitute a threat of injury, decided to 39.2 percent of the final 17.7 percent levy anti-dumping duties. Then, the American follow-up on November 2 decision. Argentina also initiate relevant investigations.
Seamless steel tube is higher value-added products, wenzhou region varieties of seamless steel tube production focused on dragon, annual to produce up to 50 million yuan, the main mainly export proportion, 20% to 30% in between. “Wenzhou steel exports to India, Korea, Taiwan, and other countries and regions, the amount of export to America.” Wenzhou stainless steel industry association secretary-general, told reporters in Europe what punishment implemented formally, wenzhou enterprise likely will gradually lose the European and American market.
Half a steel enterprises, wenzhou has developed a British customers, signed first order, and a long-term cooperation intention, but the development of policies, the British customers said anti-dumping exorbitant, has put forward to remove the enterprise faces on cooperation, the loss of the British market risk. Wenzhou jiangnan steel pipe manufacturing company is a foreign trade manager told reporters: “last year, the company has nearly 5% of the products were exported to Spain, if the eu anti-dumping began, enterprise exports to Spain after the product prices may rise nearly 30% market competitiveness, greatly weakened.
According to statistics, wenzhou customs first, wenzhou export value of seamless steel tube 6757 million us dollars, 57.34% year-on-year drop.
By the name of liberalism, trade protectionism, do the European economy since the “bad” demonstration role. Issued by the people’s bank of wenzhou branch has a survey report shows that part of steel enterprises not feel warm, but is expected to be damaged. They worry that as countries trade protectionism fiercer, if other countries follow Europe, more products will be listed in the industry, double inverse survey long may, exports increased risk.
Foreign markets, many companies have started to take “within” had expediency, and domestic steel industry will be seriously conflict problem. They must embattled “You see, the next step is to start a new price will be first and then the shuffle, small and medium-sized enterprises more difficult days.” Wenzhou superstar steel Co., LTD ZhangXianGuo manager, told reporters after the financial crisis has been formed in the steel supply pressure, the continuous inventory at this time, that frequently encountering trade friction, domestic enterprise exports will fight aggravate.
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