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From January to March, prices for hot rolled coil carbon steel rose 25.0%, compared to a 5.0% increase in the same period last year.
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Kobe Steel rose 6.8 percent.
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Exports of iron and steel products rose 21% in 2007, while imports fell 17%.
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But once China was in the WTO, its steel output rose rapidly while U.S. production drifted downward.
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During October, China's steel output rose by 25%, while production of goods such as dishwashers also surged.
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China's steel production rose 15% year on year in November after flat-lining in the first half of the year.
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Steel futures rose as did copper prices.
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Steel maker ArcelorMittal also rose, by 7.6%, in Paris.
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The US, Britain and the EU now all make pennies and cents out of steel with a copper plating as copper rose in price making brass and bronze worth more than face value.
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He rose through the ranks at National Steel and its spinoff, Weirton Steel.
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Steel production has grown steadily in recent years in China, and rose 3.1% in 2012, as the Chinese government invested heavily in roads, railways and other infrastructure to support economic growth.
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