Since this year, China steel market has experienced swift fluctuation, which is also reflected in steel prices. In response to this, Baotou Steel made exports strategy adjustment immediately, as a result, they have exported 941,000 tonnes of steel products in the first eleven months of 2012, earning a profit of 620 million dollars.
In addition to stabilizing high speed wire rod, galvanized steel and medium plate exports, they also actively developed HR/CR steel, CR sheet, hard cold steel and galvanized steel products.
Source:
http://www.steelguru.com/chinese_news/Baotou_Steel_steel_exports_bring_USD_620_million_in_11_months/294183.html
