Non-Alloy Steel H-Sections Market Overview in China
In value terms, non-alloy steel h-sections production expanded modestly to $ in estimated in export prices. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of % y-o-y. As a result, production reached the peak level of $. from 2009 to , production growth remained at a somewhat lower figure.
The value of the non-alloy steel h-sections market in China rose remarkably to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the market value increased by % against the previous year. Non-alloy steel h-sections consumption peaked in and is expected to retain growth in the near future.