Copper products export demand remains optimistic about the situation with the world economy to maintain the overall recovery trend, especially the investment in infrastructure construction started, resulting in strong demand, driven strong growth China copper exports, even if some countries frequent "anti-dumping", has not changed this situation.


According to customs statistics, 43 million 520 thousand tons of purple copper pipes have been exported to the country in the first 5 months of this year, up 28.2% from the same year. It is estimated that the US will lead the world economic recovery in the second half of the year. The Chinese steel will continue to have low cost and price advantage, and the global infrastructure construction starts to increase. According to the export momentum in the first half of the year, if there is no big accident in the second half of the year, it is estimated that the number of China's steel exports will exceed 90 million tons in 2018, and the crude steel export volume will be over 1 million tons. (reference article: the purple copper tube rose 24.5%)


If we take the export of the same scale as an indirect export (mechanical and electrical, automobile and other products) into account, in 2018, the total steel exported to China will be 2 billion tons, which will digest nearly 1/4 of China's crude steel output in the same period. The prospect of future China steel exports, influenced by the future global infrastructure boom and the world iron and steel production yield can be concentrated in Chinese, crude steel (steel exports Chinese direct conversion, the same below) 100 million tons, total crude steel exports 2 tons (including indirect exports) will become the norm, and does not exclude all crude steel exports reached the peak may 3 tons. Therefore, China's iron and steel enterprises need to take precautions and make efforts to go out and organize overseas steel production as far as possible, so as to alleviate the huge pressure of energy consumption and environmental protection in China. Four, the market supply pressure is still large. Although the demand for domestic steel will improve in the second half of the year, the utilization rate of steel capacity in the whole country will remain at a high level, and the market relationship cannot be reversed if demand exceeds supply. The environmental protection law published and implemented by recent enterprises is indeed severe, but it is difficult to be fully implemented by many obstacles.