For China steel industry, there are many problems such as surplus, high cost, and low demand. It will be a hard time for China steel industry. After ten years' struggle, China steel industry has become strong which play an important role in global steel production in modern times. Due to lack of quality management and scientific discipline, there are many problems are exsiting. Production is extremely centerlized and steel market is decenterlized. Because of unbalanced mine resources, some regions have steel deficiency and some regions have surplus steel. 

Even though surplus and loss have become the problem, but steel coil manufacturers still not stop producing. And our economic starts to transform and the demand of steel decrease both lead to pressure for steel coil manufacturers. So this is really hard to see the steel price increasing. On the other hand, steel industry also has problems with loan and finance. Financial expense has become a burden of steel enterprises now. 

Sino East Steel Enterprise Co. Ltd. is one of qualified steel coil manufacturers in China specializing in high quality steel products. We are always devoted to provide best service for our clients. We sincerely would like to set up business relationship with clients from all over the world in long run. You are welcome to contact us at any time!