In addition to hot-rolled stainless steel products, China's cold rolled stainless steel products are also faced with anti-dumping investigations from the Indian side. As early as the end of 2014, the Indonesian Commission issued a notice of initiation of anti-dumping, saying it should apply to the domestic industry, the decision from China, Thailand, Malaysia, South Korea, Singapore and Taiwan imported cold rolled stainless steel anti-dumping investigations.
China is the largest producer of stainless steel, stainless steel production output has been occupied half of global output. With the rapid development of the steel industry, the Chinese stainless steel exports continued to grow rapidly.
Stainless Steel Council of China Special Steel Enterprises Association statistics show that in 2014 China's stainless steel production increased by 14.27% to 21.692 million tons, about half of global output. 2014 full year, China exported 3.85 million tons of stainless steel, an increase of 1.197 million tons, an increase of 45.12%.
Currently, the Chinese A-share listed companies have a stainless steel business, including TISCO (000825.SZ), Baosteel (600019.SH), Daye Special Steel (000708.SZ), etc.
Shanghai Yieh United Corporation has kept a high competitiveness in stainless steel sheet manufacturer. Though Euro Currency has dropped a lot,
Compared to other manufacturers in Europe and Asia, Shanghai Yieh United Corporation still managed to keep a lower price but a high quality, especially for stainless steel sheet and stainless steel strip, stainless steel bar products.