According to Chinese steelmaker Hebei Iron and Steel Group, in 2011 its subsidiary Tangshan Iron and Steel Group (Tangsteel) exported 1.046 million mt of cold rolled (CR) products, approximately double the volume for 2010 and accounting for around one sixth of China's overall CR product exports in the given year.
The share of high value-added products in Tangsteel's overall cold rolled exports was up from 54.4 percent in 2010 to 71.8 percent in 2011, while the number of different cold rolled products in question rose from 21 in 2010 to 36 in 2011.
Meanwhile, Hebei Iron and Steel Group has also announced that in early January Tangsteel completed the production of 7,500 mt of SS400B boron-added hot rolled coils, and has shipped the products to Vietnam on schedule. This is the first hot rolled coil export order shipped by Tangsteel in 2012.