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In the main business of steel production, WISCO has spared no effort. So far, WISCO has owned 9 overseas equity mine projects, and overseas ore resource reserves have reached tens of billions of tons. In 2013, these overseas equity mine projects may be WISCO. Brought 15 million tons of iron ore resources.
It is understood that the external dependence of China's coal in 2012 was 7.6%, up from 5.3% in 2011. Although China's foreign dependence on coal is still at a low level, but continued growth in coal imports, the domestic coal market has had a greater impact, leading domestic thermal coal prices rose by imported coal price suppression.
Last year, China's crude steel output was 7,165,200 tons, an increase of 3.1% year-on-year, accounting for 46.3% of the world's total output, an increase of 0.9 percentage points over 2011. If we add steel production in Taiwan, the proportion will increase, reaching 47.6%. Although China's 15CrMoG production growth rate slowed down compared with previous years, the overall growth rate is still higher than the global average level, showing a relatively good development level in the Chinese market. Seamless Pipe
China produces nearly half of the world's crude steel, and in terms of quantity, even 15CrMoG production in individual provinces in China has reached or exceeded the level of major developed countries in Europe and America. Seamless Pipe