SunSirs: Import and Export of Steel in China in October

According to the Customs Statistical Bulletin, in October 2024, China exported 11.182 million tons of steel, an increase of 1.029 million tons compared to the previous month, representing a growth of 10.1%; The average price was 699.5 US dollars per ton, a decrease of 20.1 US dollars per ton compared to the previous period, a decrease of 2.8%. From January to October, the cumulative export of steel reached 91.893 million tons, an increase of 17.361 million tons or 23.3% year-on-year.

According to customs statistics, in October 2024, China imported 536,000 tons of steel, a decrease of 18,000 tons or 3.2% compared to the previous month; The average price was 1,767.4 US dollars/per ton, an increase of 92.5 US dollarsper ton month on month, or 5.5%. From January to October, the cumulative import of steel was 5.721 million tons, a year-on-year decrease of 645,000 tons, a decrease of 10.1%.

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