What is the expectation of China's steel plates export in 2021

In 2020, China's total export volume increased by 4% year on year, which is one of the few countries to achieve positive export growth. As the foreign market gradually returns to normal, the steel plates demand may increase significantly. In addition, in the post epidemic period, reshaping the status of manufacturing industry may become the common demand of different countries, and the demand for mechanical products will maintain a rapid growth rate.

In the field of machinery manufacturing, China's manufacturing level is rising rapidly, and occupies an obvious dominant position in the international competition. China's steel plates exports may increase significantly in 2021. It is expected that China's export market will achieve double-digit growth in 2021.