According to the statistics from China Steel Association, the export of steel billet during January to April reached 2.65 million tons, up by 92.2%; the exported steel reached 21.28 million tons, up by 132%; the total export of billet and steel reached 8.03 million tons. Wangxinpei estimated that after some steps like reducing export rebate tax in the first half of this year, China has been striving to improve the structure of exporting section and actively enlarge imports, which is expected to overpass $ 1 trillion by 2010.