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New Opportunities in the Next Five Years China’s Steel Tube Industry Will Enter into a New Growth Cycle

2016-05-17

With an annual growth rate of 15%, China has become one of the world's largest steel tube producing countries, ranking in the top 3 of global market. This growth rate indicates a huge market capacity and promising future. In addition, the development speed of environment friendly tube sector is about four times more than the average growth rate of the overall tube market.

As Chinese government accelerates construction of modern cities and reinforces water treatment, it shows a broad prospect of water supply-drainage system, construction heating system, water supply, drainage pipe, gas supply, heating pipe, and buried large diameter steel pipe, etc.

2006-2010 China's Steel Tube Output Maintains Growth

In 2006-2010, the steel tube production enters into rapid growth following the high-speed growth during the "Tenth Five-year" (2001-2005).

 

2010(Million Ton)

Growth Rate

Annual Growth Rate

Steel Tube Production in China

57.65

107.30%

15.69%

Seamless Steel Production in China

25.281

115.93%

16.64%

Welded Steel Tubes Production in China

32.37

101.02%

14.99%

Major Process Technology and Equipment Ranking Top in the World

According to the statistics, at the end of 2010, China has nearly 350 sets of seamless steel pipe units (Including those under construction and those under construction and those proposed to build), with a production capacity exceeding 32 million tons. In addition, there are 108 sets of hot-rolled seamless steel pipe units of word's advanced level and more advanced types, of which, there are 27 sets of mandrel pipe units (including those under construction), with a production capacity exceeding 13.5 million tons, accounting for about 42.19% of the total seamless steel pipe production capacity. 21 sets of them are built from 2006 to 2011, accounting for 77.8% of total mandrel pipe units.

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