According to China's industrial economic performance report of H1 2012, China's steel capacity surplus exceeds 160 million tonnes and cement capacity surplus exceeds 300 million tonnes. The capacity utilization in aluminium smelting industry is merely 65 percent.
IMF forecasts imports growth in 2012 from developed countries slowed by 2.5 percentage points to 1.8 percent from that in 2011, which means the fatigued demands from overseas countires failed to remit the oversupply pressures.