2008 China Stainless Steel Pipe Export Situation is Grim

08 the world economic situation is not optimisticshow that, from Chinese stainless steel pressure pipe
Entered after 2008, about the economic slowdown into obtain government subsidies and dumping in the
the United States and the world heard the message.U.S. market for domestic producers caused material
American economic downturn, as well as sub-loaninjury or threat of damage there is.
crisis of the risk of proliferation, directly led to aAccording to ITC's preliminary resolution, the case will
significant world economic slowdown. According tofurther advance. Ministry of Commerce will continue
the most pessimistic prediction of the World Bankto investigate, and April 24 to make a preliminary
data, the world economy in 2008 will fall to 3.3countervailing duty resolution, July 8 to make a
percent growth rate for the 2003 slowest growthpreliminary anti-dumping resolution.
since the year, which led to China's export marketThe applicants in this case include Bristol Metal
demand austerity.Company, Vercoe Brothers, Marcello Gallardo
At the United States and the world economy iscompany, Outokumpu Stainless Steel Pipe
slowing down at the same time, the impact onCorporation and the Federation of American steel
China's economy also began to appear. QI have aworkers.
two month before the macro data, industrialAccording to "Russian Business Daily" has reported
production, fixed asset investment, exports andthat Russia is currently preparing the Russian exports
other indicators are lower than the previous year'sto China Stainless Steel Pipe begin investigate special
level. Under such circumstances, the domesticprotection, as well as other measures taken to
stainless steel production overcapacity problemimplement the quota restrictions on Chinese exports
surfaced.of stainless steel pipes to Russia.
On the one hand, the domestic steel pipe to theRussian Pipeline Industry Development Foundation in
continuous expansion of production in the twoOctober this year, the Department submitted to the
high-country restrictions on the funding policyRussian economic and trade on the Russian exports
introduced one to highlight the crisis before, butto China Stainless Steel Pipe quota applications. At the
strong export growth temporarily masked the impactsame time, the Industrial Development Foundation,
of oversupply, in 2008, the export environment ofthe Russian pipeline also continued trying to suggest
austerity, will make this issue "surfaced" surface.that Chinese auto manufacturers to take measures
On the other hand, American economic downturn, asto restrict. But fruitless negotiations.
well as sub-loan crisis of the risk of proliferation,Russian Pipeline Industry Development Foundation,
directly led to a significant world economic slowdown.president of Alexandria • Deineko said,
Reduce demand on the international market, coupledaccording to the Foundation's prediction this year,
with the countries place on the role of tradeChinese exports to Russia will reach a variety of pipe
protection policies, and constantly on our Pipe280,000 tons, in 2004 are 804% export volumes.
85;imposed, greatly reducing the steel pipe exportChina's exports because of Russia's rapid growth of
opportunities.the number of tubes, thus leading to the Russian pipe
January-February grim steel pipe exportsproduction has declined, give Russian companies this
From the State Customs announced in 2008year, losses could reach 360 million U.S. dollars.
January-February import and export of stainless steelAt the same time, Chinese exports to Russia, the
tubes Product statistics that track the exceptionprice of stainless steel tubes for 1300-1500 US dollars
of> 406.4mm stainless steel seamless pipe,per tonne, while in China's domestic market prices for
outside diameter.the 6000-7000 US dollars per ton. 95% of the
United States International Trade Commission (ITC)Chinese stainless steel tube is of such low-priced
recently found that there is enough evidence toexports.