At the end of 2013, China has surpassed Japan as the largest supplier of steel products in the ASEAN countries (Association of South East Nations), occupying almost 30% share of the market, the report said South East Asia Iron and Steel Institute (SEAISI).
In the past few years, Japanese metallurgy were the leading importers of steel in the region with a market share of more than 25%.
So, in 2013, Japanese exports hot rolled coils increased yoy by 7.6% to 13.6 million tonnes, of which about 33% was shipped to the ASEAN countries (+3,8% against 2012). At the same time last year, the export of x coils from Japan increased by 2.8% to 5.7 million tonnes, of which 35% were shipped to the countries of the ASEAN (+5,6% against 2012).
On the other hand, in 2013, Chinese exports of steel bars peaked at 9 million tons, up by 48% compared to the same period last year. Of this amount, about 30% came from the ASEAN countries (+59% against 2012).
Thus at the end of last year, China increased its exports of wire rod by 43%, to 8 million tonnes, of which 45% was shipped to the ASEAN countries (+51% against 2012).
At the same time, in 2013, Chinese exports of hot rolled coil increased by 7%, to 6.7 million tonnes, of which 28% came from the ASEAN countries (+3% against 2012); x coils – by 1.7% to 4.4 million tonnes (18% for the ASEAN countries (+1,2% by volume of 2012)).
In addition, last year China increased its exports of galvanized sheet metal by 13% to 5.4 million tons, of which 20% were shipped to the countries of the ASEAN (+51% against 2012). The export of Chinese pipe totaled 9 million tons In the ASEAN countries was delivered 1.3 million tonnes of products, which is 5.2% lower yoy.
