China increased steel exports to 47,5%

China in March 2011 compared with March 2010 increased the export of finished steel products by 47.45% to 4.91 million tons. This is evidenced by statistics. Compared with the previous month supply of Chinese foreign metal rose by 2.43 million tons. In general, the results of January-March this year compared to the same period last year, China raised the export of finished steel products by 20,7%, to 10.51 million tons. In turn, imports of the metal in March reached 1.53 million tons, up 510 thousand tons compared to the previous month, but at 6.13% compared to last year. Since the beginning of the supply of steel products in the country totaled 4.18 million tons, up 1.6% compared with last year's results. Previously reported that average daily production of steel in China set a record. Thus, in mid-March at the metallurgical enterprises of the country produced 1.945 million tons of steel per day. Since the beginning of the month to March 20, the average daily production of the metal in China reached 1.92 million tons compared with 1,823,000 tons in February. Ministry of Industry