Though EU debt crisis is spreading, global export business is weak, Benxi Steel Group customer base increased to over 70 from last year's 40, and the average monthly export volume for its high-value added products including X80 pipeline steel exceed 0.2 million tons, and the monthly export volume hit 0.25 million tons in the first half this year.
By now, Benxi Steel Group has signed 2.7 million tons steel export contracts, and lists the top of the steel exporter this year. Benxi Steel exported 2.8 million tons in 2010, with 185.7% increase year-on-year, ranking the first. While in 2009, the export reached 0.95 million tons, but it still listed in the top three.
Except the previous South Korea, Europe, South America, and India markets, Benxi Steel also developed Africa and the Middle East markets.
China exported steel products 4.2 million tons in November, with 9.9% hike than October. In January-November, China total exported steel 45.16 million tons, about 13.8% growth year-on-year, newly released customs data showed.