China's export of steel products kept increasing in June and might set a new record this year after three consecutive rebound on month-on-month basis.

     According to Liu Yuan, analyst of Mysteel Research Center,  domestic steel price witnessed a general decline in June, while price on foreign market was still firm. The price difference kept rising and ocean freight went down significantly. As a result,     China's steel export volume is expected to keep growing in the rest of the  year.

      The export volume was estimated to exceed 6 million tons in June, and is likely to decline slightly in July and August due to the weak demand from the oversea market, where summer vocation is taking place.

     Analysts hold that there cannot be major change in the policy for the export of steel products because the emphasis of the trade policy this year is only structural adjustment.