1.0972 flat bar China shipbuilding steel price rises

In 2019, the output of pig iron in the world was 1.265 billion tons, with China accounting for 64%; the overseas output accounted for 36% (460 million tons), ranking 86.982 million tons of EU 28 countries, 74.907 million tons of Japan, 74.099 million tons

In 2019, the output of pig iron in the world was 1.265 billion tons, with China accounting for 64%; the overseas output accounted for 36% (460 million tons), ranking 86.982 million tons of EU 28 countries, 74.907 million tons of Japan, 74.099 million tons of India, 73.264 million tons of CIS, and 1.0972 flat bar 47.521 million tons of South Korea. In the first quarter, the global output was 311 million tons, with a year-on-year decrease of 0.5%, with China 1.0972 flat bar increasing by 2.4%; the overseas output decreased by 5.4%, Among them, EU decreased by 9.2%, Japan increased by 1.3%, India decreased by 7.7%, CIS increased by 2.1%, and South Korea decreased by 4%.

BBN steel have large stock of hot rolled plate 1.0972 flat bar. Our products are exported to many countries: South Africa, France, Zimbabwe, Egypt, Mexico, Pakistan, Azerbaijan, Trinidad & Tobago,Tunisia, Chile, Angola, Belarus, Sri Lanka, Afghanistan, Turkey, Hong Kong, United States, Bahrain, Brazil, Jordan, Czech Republic, Indonesia, Denmark, Canada, Taiwan, Iran, Tibet, Nigeria, Croatia, Kazakhstan, Poland, Iraq, Yemen, Bolivia, Serbia, Finland, Nepal, Morocco, Ireland, Singapore, Italy, New Zealand, Namibia, Saudi Arabia, Mexico, Qatar, Lebanon, South Korea.

Japan is a typical shipping first, and its raw materials are imported from Oceania, central and South America and other Asian countries. Most of the 1.0972 flat bar steel produced is exported to China and other Asian countries, and a small amount is exported to America. Shipping is the main way of its 1.0972 flat bar steel international transportation. According to the data, steel goods account for about 20% of the total sea freight in Japan. The domestic transportation of Japanese steel is mainly truck.

On March 17, the Ministry of Finance and the State Administration of Taxation jointly issued the announcement on increasing the export tax rebate rate of some products, and the relevant adjustments will be implemented from March 20. This adjustment involves 60 tariff numbers of steel products. After the adjustment, the 1.0972 flat bar etc. steel products with the original export tax rebate rate of 10% will be fully refunded, which is great news for both steel exporters and our customers.

We have our own factory, including the production and manufacturing of steel pipes, with a special 1.0972 flat bar steel pipe manufacturer and storage warehouse. Welcome to visit our factory, we will provide customers with high quality products that meet the requirements. And has the perfect 1.0972 flat bar after-sale service guarantee system, lets the customer save the worry and the labor.