Reasons Why You Should Import From China

With the depression of steel prices on the global market, steel has become less expensive. In many cases, raw steel is imported from China and the local metal manufactures then complete the process and sell locally. Demand however, currently doesn’t match output, which creates a buyer’s market for steel. China, therefore is a highly attractive market, price is the major reason for the high import demands from China, but other reasons include:

Depressed prices. Again, Chinese steel manufacturers often have overproduced product in comparison to the global demand. This has caused a depression of steel prices for both foreign and domestic steel. With relaxed tariffs in the US, the cost of imported steel is still less than that of domestic manufacturers and steel mills.

Over ordering. Having a lot of raw material sitting around has the potential to work to your benefit. China’s steel industry has started to slow down their production, but the raw material has already been acquired and is costing manufacturer’s overhead costs just to keep it.

High-quality. China’s government has recently tightened up their regulations concerning steel mills, closing many that couldn’t maintain the minimum standards set. This has left the companies that are still in business taking a greater concern on the quality of their products and manufacturing methods.

Excellent customer service. With the slowing down of production, China’s steel manufacturers are fighting harder over a smaller market share and offering inducements to get your business. One of the primary inducements they can offer is excellent customer service and keeping current and potential customers happy and satisfied.

Price locks. Taking the worry out of a fluctuating market price helps raw steel importers control their bottom line. Instead of waiting for the price to creep down, inhibiting manufacturing while waiting for the price to bottom out, you can plan ahead for costs by ordering now, at the current rate, and having the steel shipped to your facility on your schedule.

Dependable shipping schedules. With the accumulation of raw materials, scheduling your order becomes easier. The Chinese companies already have the material for your order in stock and can begin work on it, immediately. This allows for planned ordering and shipping without having to worry about the global market availability.

Modernized facilities and an emphasis on increasing economic output have made China an attractive market. Cheap shipping and a ready supply of materials will keep Chinese steel flowing into global marketplaces.

 Jessica R // Editor SMC

发布者

stainlesssmc

Shanghai Metal Corporation (SMC) is committed to delivering quality to businesses as an integrated global manufacturer, exporter, and supplier with offices and subsidiaries located throughout Asia, Europe, and the Americas. Our company manufactures an array of value-added Metal Products, Building Systems, Shipping Containers, and Machinery. Just as crucial to our products is our commitment to environmental sustainibility, safeguarding our planet for our family and friends across the globe. Everyday SMC dedicates its effort to providing quality products and reliable service, embodying our company's commitment to Building Value Across the Globe.

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