China is a country with the largest steel production, as well
as a country with the largest consumption and imports of steel
in the world. China's production and consumption of steel
tubes has also shown strong growth. As a country with the
largest copper production and consumption in the world, China
has seen an annual growth of more than 10% in the consumption
of copper tubes in recent years. With the rapid development
of industries such as real estate, petroleum and natural gas,
automobile, machinery & equipment, and off-shore engineering,
the production and demand of steel tubes and copper tubes
will see remarkable increases with a huge market space for
consumption.
Forecast for
Steel Tube Usage by Main Industries Unit: 10 Thousand Tons
|
Project
|
Usage of Steel Tube
(2006-2010)
|
Percentage
(%)
|
Usage of Seamless Steal Tube
(2006-2010)
|
|
Real
Estate
|
4250
|
21.11
|
1913
|
|
Petroleum
& Natural Gas
|
3800
|
20.66
|
1710
|
|
Foreign
Trade
|
3000
|
16.32
|
1350
|
|
Machinery
|
2200
|
11.97
|
990
|
|
Coal
|
1120
|
6.05
|
504
|
|
Chemical
Industry
|
900
|
4.9
|
405
|
|
Light
Industry
|
880
|
4.79
|
396
|
|
Steel
Structures
|
700
|
3.8
|
315
|
|
Electric
Power
|
575
|
3.12
|
259
|
|
Shipbuilding
|
250
|
1.36
|
113
|
|
Port
|
250
|
1.36
|
113
|
|
Railway
Vehicle
|
200
|
1.08
|
90
|
|
Automobile
|
160
|
0.87
|
72
|
|
Container
|
105
|
0.57
|
47
|
|
Total
|
18390
|
100
|
8276
|
Production in
2006 and Predicted Demand in 2007
Unit: Ten Thousand Tons
|
|
Production
in 2006
|
Predicted Demand in 2007
|
|
Seamless Steel Tube
|
1484.17
|
1606 - 1673
|
|
Welded Steel Tube
|
2008.86
|
2249.93
|
|
Copper Tube
|
120
|
127
|
Market
News
