It is reported that Hebei Iron and Steel Group Wugang Steel has exported 141,000 tonnes of steel plates for the first seven months of this year with an increase of 26.2%YoY which contributes to a higher margin than the domestic market for CNY 200 to CNY 300.

Wugang strives to develop the international emerging markets and adjusts the export structure for setting the shipping plates and project plates as the main products while the heavy plates as the minor. What’s more, Wugang majority of orders are from the international emerging markets.

(Sourced from MySteel.net)
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