SunSirs: Import and Export of Steel in China in October
November 08 2024 14:57:26 SunSirs (John)
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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