China increased its exports of steel products by 73%

China in 2010 compared with 2009 has increased export of final steel products by 73%, to 42.56 million tons. This is evidenced by the statistics, reports Yieh.Corp. Foreign supplies of Chinese steel products totaled 24.81 million tons of steel pipes - 65 million tons of long products - 5.19 million tons, and sections - 2.08 million tons. Recall that the Chinese steel industry in mid-January 2010 compared with the beginning of the month reduced the daily average steel production to 1.695 million tons. In general, in the middle of the month in the country have released 16,954,000 tons of metal. In early January, China's daily produces about 1.79 million tons of steel. As is known, the volume of steel production in China in December 2010 compared to November increased by 2,7% and reached 51.52 million tons. Overall, the past year at the metallurgical enterprises of the country produced 627 million tons of steel, which is 9,7% more compared to the previous year. Ministry of Industry