According to the “Financial Times” report of the UK on October 21st, due to the slowdown in domestic demand in China and increasingly stringent environmental regulations, Chinese steel companies are trying to increase their exports in order to get out of trouble. According to China Customs data, China's steel products exported 8.52 million tons in September, a year-on-year increase of 73%. Kevin Dempsey, senior vice president of the American Iron and Steel Association, said that although China’s steel is mainly exported to Asian countries, the “cabbage price” is close to impacting international steel prices. Interference with the global market journey.
        
         According to the British Commodity Institute (CRU) data, international steel prices have fallen by more than 7% since January. John Kovacs, an analyst from the British Goods Institute, said that US steel companies are very united in protecting their domestic markets. From January to August this year, US steel imports increased by 66% from the previous month, and the U.S. government is under greater pressure from its domestic steel companies. Have to take countermeasures.