The latest data show that on November 15, 2021, taking hot-rolled coil as an example, the price of American steel mills in the Midwest of the United States was US $2000 / ton (about 12760 yuan), EU steel was US $1150 / ton, and Japanese market was US $1015 / ton. In the same period, the price of hot rolled coil in China's steel market was 4750 yuan / ton, and the steel price in the United States was 2.68 times that in China.
At present, the export tax rebate policy for all tax numbers of iron and steel products has been cancelled, but the huge price difference still stimulates the export power of Chinese steel mills. The overseas epidemic has gradually eased, industrial production has returned to normal, and the demand for steel has increased greatly.
Just like you, 70% customers choose long-term cooperation with BBN steel not only for our good product and service quality, good reputation in the international market, but also for our experienced one-stop raw material supply and further steel processing!