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Coated sheets |
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| China has a limited supply of coated steel, and thus relies heavily on imported, hot-rolled, cold-rolled, zinc-coated and color-coated steel sheets. These products are generally used in the production of automobiles, machinery, household applications and household appliances, sectors in China which have experienced significant growth in recent years. The coated steel market is highly fragmented. There is no significant market leader in the Chinese coated steel industry. Most manufacturers are small-scale private companies operating with out-of-date equipment and technology. Large state-owned enterprises are the main manufacturers; however, only a few of them can produce high-end coated steel products. Since high-end coated steel products require advanced technology and capital-intensive equipment, most Chinese manufactures are not technically capable of producing high-end coated steel products. |