According to the financial times reported on October 21, according to Chinese customs data, China iron and steel products export in September of 8.52 million tons, up 73% from a year earlier. Due to China's domestic demand is slowing, increasingly strict environmental regulations, efforts to increase exports to China's steel enterprises out of trouble.

Chinese customs spokesman said Zheng Yusheng, iron and steel industry overcapacity in China, the domestic steel prices even as low as "bargain". American iron and steel institute, senior vice President Kevin dempsey said that although China's iron and steel main exported to Asian countries, but will also impact the international steel prices. And countries to the United States steel exports increased significantly, could trigger the anti-dumping measures taken in the United States. The United States recently approved an anti-dumping investigation against south Korean steelmakers.

Dempsey stressed that China's steel exports are initiated by the state-owned enterprises to solve the insufficient domestic demand, not because the market prices drive, which form the interference to the global market.

According to the commodity research institute (CRU) data, since January, international steel prices have fallen by more than 7%, the global iron ore prices fell also reduces the steel production cost.

Currently, the price of steel fell by a relatively small, since the start of the hot-rolled coil prices fell 5% in the United States, Europe, fell 13%, China fell 17%. Steel prices in the United States and the international steel prices differ is the largest. The British institute of commodities analyst John Robert kovac said, the American iron and steel company to protect its domestic market is very unity, 1 - August this year, steel imports rose 66% in the United States, the United States government by its domestic steel companies more pressure and had to take countermeasures.

The Macquarie analysts said Hamilton, most of China's steel exports to southeast Asia and the Mexican market, some steel entering the United States through Mexico, the United States will have a hard time for its launch retaliatory.