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Chinanews, Beijing, August 13 – According to Beijing Times. China exported 5.94 million tons of rolled steel last July, an unexpected 66% growth compared with the same period last year. Experts think China might alter its current regulations to control the steel industry.
However, only several months ago, it was widely believed that steel export in last June and July would decrease greatly, as China had just released its control regulations on the steel industry. “Obviously, the steel industry is immune1 to the macro control policies,” said Jia Liangqun, a steel production expert. However, another expert thinks the high export volume in last July will drop in August when the control regulations take effect.
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