Galvanized Steel Market Overview

Dec 26, 2023 Leave a message

The production of galvanized sheet in China is increasing year by year, and the import volume is also increasing year by year, and the growth rate is even higher than the increase in production; After deducting the production duplication statistics, the consumption of galvanized sheet is about 5.27 million tons. After 1999, the import volume of galvanized sheet exceeded the production volume for the first time, and the self-sufficiency rate of domestic products was less than 50%, and there was a trend of decrease year by year.
(1) Consumption status of galvanized sheet
The increase of domestic galvanized sheet production is mainly the increase of hot galvanized sheet production, 1998-2002, hot galvanized sheet production increased from 970,000 tons to 2.2 million tons; The import volume increased faster, from 370,000 tons in 1998 to 1.56 million tons in 2002; Apparent consumption increased from 1.32 million tons to 3.67 million tons. In 2002, the self-sufficiency rate of domestic products of hot galvanized sheet was about 60%, and the domestic production and imports of hot galvanized sheet in that year increased compared with the previous year, especially the import growth rate was larger, mainly due to the increase in demand for thin specifications of hot galvanized sheet for the production of color coated sheet, resulting in a decline in the self-sufficiency rate of domestic products.
(2) Consumption status of electrogalvanized sheet
In recent years, with the rapid development of the family car market, the basic popularity of household appliances and personal computers, a large number of exports of electronic products, and the development of the security door market, the demand for electrogalvanized sheet has grown too fast. The production scale of electrogalvanized sheet in China, whether in terms of quantity or variety, quality, can not meet the needs of the domestic market. From 1998 to 2002, the domestic production of electrogalvanized sheet grew slowly, from 170,000 tons to 400,000 tons; Imports increased rapidly, from 730,000 tons to 1.78 million tons. Apparent consumption increased from 870,000 tons to 2.16 million tons. The self-sufficiency rate of domestic products is less than 20%.