Bulldozers

After the United States published its 201 provisions on iron and steel protection, although China has the "5.24" countermeasures, strong domestic demand, however, still caused a 37 percent rapid rise in iron and steel import in the first six months and a 30 percent plummet in its export; The products include bulldozers, carbon steel, cast iron, iron, and steel, iron nails, stainless steel pipe, steel pipe, steel wire, wire of stainless steel, stainless steel, wire mesh and steel channel. Whereas US iron and steel import volume continued to fall, its total import volume in the first half of 2002 was 840,000 tons less than that of China. China thus unexpectedly became the world's No.1 iron and steel importer half a year earlier than the time predicted by international authoritative persons. Figures released by British Financial Times indicate that China's demand for iron and steel products like bulldozers, carbon steel, cast iron, iron, and steel, iron nails, stainless steel pipe, steel pipe, steel wire, wire of stainless steel, stainless steel, wire mesh and steel channel and etc in 2002 will possibly reach 187 million tons, or 70 million tons higher than the limited production figure prescribed by the Chinese State Economic and Trade Commission. In fact, China's steel output almost increases by 10 million tons year on year.